Question

Which one of the following is a positive economic

statement?
(A) An increase in the price of butter causes
consumers to buy less butter.
(B) Social conscience demands that we increase
the minimum wage.
(C) Taxes should be raised to halt inflation.
(D) The sales tax on food should be repealed.

Answer 1

(B) Social conscience demands that we increase

the minimum wage.

Step-by-step explanation: