There is great concern over the fact that global warming is causing permanent damage to the global environment. A study of the costs and benefits of purchasing carbon offsets to combat global warming is an example of
A) labor economics.
B) normative economics.
C) positive economics.
D) laissez-faire economics.

Question

Quizplus · Accepted Answer

A study of the costs and benefits of purchasing carbon offsets to combat global warming is an example of positive economics because it involves the analysis of factual information and the impact of economic decisions, without making judgments about what ought to be. Positive economics deals with objective analysis based on data.

There Is Great Concern Over the Fact That Global Warming