How do economists view positive statements?
A) affirmative, justifying existing economic policy
B) optimistic, putting the best possible interpretation on things
C) descriptive, making a claim about how the world is
D) prescriptive, making a claim about how the world ought to be

Question

Quizplus · Accepted Answer

Economists view positive statements as descriptive because they make claims about how the world is, based on observable facts and data. Positive statements do not necessarily justify existing economic policy or prescribe how the world ought to be, but rather provide a neutral and objective assessment of the current economic situation.

How Do Economists View Positive Statements