Economics Today (19th Edition)
Economics Today (19th Edition)
19th Edition
ISBN: 9780134478777
Author: Roger LeRoy Miller
Publisher: PEARSON
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Chapter 1, Problem 14P
To determine

To explain:

Whether the following conclusion result from positive analysis or normative analysis.

a. A higher minimum wage will reduce employment opportunities for minimum wage workers.

b. Increasing the earnings of minimum wage employees is desirable, and raising the minimum wage is the best way to accomplish this.

c. Everyone should enjoy open access to health care at no explicit charge.

d. Health-care subsidies will increase the consumption of health care.

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