Which of these statements is an example of positive economics?
A) A free market in kidneys would end the shortage of kidneys.
B) People should not sell organs for profit.
C) The United States should not trade with countries with human rights abuses.
D) All three of these statements are examples of positive economics.

Question

Quizplus · Accepted Answer

Positive economics is concerned with factual statements that can be tested and verified, without including any value judgments. Statement A is a factual claim that can be empirically tested, and is not influenced by any moral or ethical considerations. Statements B and C, on the other hand, are normative statements that include value judgments about what ought to be done or what is morally right. Therefore, statement A is the only example of positive economics among the options given.

Which of These Statements Is an Example of Positive Economics