Which of the Following Is Not a Positive Statement

Which of the following is not a positive statement?

A) The federal minimum wage was recently increased to $7.25.
B) Ceteris paribus,an increase in wages increases the quantity of workers supplied.
C) Minimum wage laws are not Pareto efficient.
D) An increase in the minimum wage hurts the profits of small businesses.
E) A decrease in the labor force due to the swine flu will cause the equilibrium wage to increase.

Correct Answer:

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