Which of the following is a positive rather than a normative question? Group of answer choices What effect does increasing welfare assistance by 20% have on female labour supply? Should N.Z. allow unlimited immigration? Should there be a minimum wage? Should teachers be paid a fair wage? Should trade unions be allowed to lobby the parliament?

Positive economics seeks to: Group of answer choicesdetermine the most appropriate economic goals for society.determine what government economic policies are best.objectively explain how the economy functions.objectively explain how societies value different economic outcomes.

Deciding what the distribution of income should be is an example of positive economicsGroup of answer choicesTrueFalse

Normative economics is subjective and involves judging different economics outcomes. Which criteria listed below could we use to assess whether an outcome is "good" or "bad", "better" or "worse"? (select all that apply)Group of answer choicesenvironmental sustainabilityefficiencyequitywell-being of the most disadvantaged in society

Multiple Choice QuestionA major negative side of the rich lifestyle in modern China, North America, and Europe is the disastrous impact it can have on Blank______.Multiple choice question.human rightsthe environmentthe empowerment of womenpopulation size

John Maynard Keynes and Adam Smith would disagree most about the answer to which question?A.Should governments actively regulate their economies?B.Is it right for large countries to control weaker colonies?C.Is unemployment a problem in free market systems?D.Should workers unite to create a command economy?