Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  2. Economics OCR
  3. Question bank

Introduction to Microeconomics

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849505152535455565758596061626364656667686970717273747576
Question 21

Which of the following is an example of a positive economic statement?

A 12%12\%12% increase in the national minimum wage will lead to a 2%2\%2% rise in youth unemployment.

The primary goal of minimum wage legislation should be to eliminate working-class poverty.

It is unfair that young workers receive a lower minimum wage rate than older workers.

The government ought to increase the minimum wage to keep pace with the rising cost of living.

Introduction to Microeconomics Questions

  1. A Level
  2. /Economics
  3. /Introduction to Microeconomics