Incorrect Question 1 0 / 1 pts Which of the following is a normative economic statement? O Raising the minimum wage will increase the rate of unemployment. O Raising the minimum wage will decrease the rate of unemployment. The minimum wage should be raised to $15 per hour for all workers. O Raising the minimum wage reduces the number of employment opportunities for low skilled workers. Incorrect Question 2 0 / 1 pts Which of the following is true of the concept of scarcity? O It is identical to the concept of poverty. It is a subjective concept. O It is an objective concept. O It is relevant only in normative analysis.Incorrect Question 6 0 / 1 pts Which of the following is a positive economic statement? The government should encourage women aged 60 to 69 to be screened for breast cancer. O For women aged 60 to 69, breast cancer screening significantly reduces breast cancer mortality. O Doctors should encourage women aged 60 to 69 to be screened for breast cancer. O The government should force doctors to encourage women aged 60 to 69 to be screened for breast cancer. Incorrect Question 7 0 / 1 pts The economizing problem is essentially one of deciding how to make the best use of O limited resources to satisfy limited wants. O unlimited resources to satisfy limited wants. O limited resources to satisfy virtually unlimited wants. unlimited resources to satisfy unlimited wants