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Category - Economics

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The following question is likely to NOT result from positive economics:
  1. how much will a new shipping tax increase oil prices?
  2. will an increase in health insurance premiums lower wages in mid-sized companies?
  3. should the state increase the eligibility bracket for workers’ compensation?
  4. why is the price of free chlorine $8.50 per container?
Explanation
Answer: C - Should the state increase the eligibility bracket for workers’ compensation? This is not an example of positive economics.

Key Takeaway: Positive economics study the way the world is while normative economics study the way the world should be. Given that, questioning whether the state should increase the eligibility bracket for workers’ compensation is not an example of positive economics.
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