During a presidential campaign, the candidates from each party typically describe their plans to maintain or change federal taxes on personal and business income. Are these policy statements generally positive or normative in nature?

Theory suggests that minimum-wage laws create ________ unemployment, especially among younger workers

A) frictional B) cyclical C) structural D) under-reported

Paying a person a lower wage or excluding a person from an occupation on the basis of an irrelevant characteristic such as race or gender

A) violates federal comparable worth laws. B) can be explained by negative feedback loops. C) creates differences in wages that economists call "compensating differentials." D) is economic discrimination.