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A possible headline from the local media is: \"Congress votes to end the minimum

ID: 1224204 • Letter: A

Question

A possible headline from the local media is:

"Congress votes to end the minimum wageCongress votes to end the minimum wage"

This headline provides an example of a ______.

A.

non dash economic positive statementnon-economic positive statement

B.

normative statement about a microeconomic issuenormative statement about a microeconomic issue

C.

positive statement about a microeconomic issuepositive statement about a microeconomic issue

D.

non dash economic normative statementnon-economic normative statement

E.

positive statement about a macroeconomic issuepositive statement about a macroeconomic issue

Explanation / Answer

E.

positive statement about a macroeconomic issue

Positive statement talks about the actual situation i.e what is. Congress voting is a fact and is positive statement and minimum wages for labour is a macroeconomic issue.

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