An example of a positive economic statement is, "An increase in the price of a product causes consumers to purchase more of that product."

Name: An example of a positive economic statement is, "An increase in the price of a product causes consumers to purchase more of that product."
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Quizplus · Accepted Answer

This statement is a positive economic statement because it makes a factual observation about the relationship between price and consumer behavior. It does not express any opinions or value judgments.

An Example of a Positive Economic Statement Is, "An Increase