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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