In economics, positive statements are about
A) the way things ought to be.
B) the way things are.
C) macroeconomics, not microeconomics.
D) microeconomics, not macroeconomics.

Name: In economics, positive statements are about A) the way things ought to be. B) the way things are. C) macroeconomics, not microeconomics. D) microeconomics, not macroeconomics.
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Question

Quizplus · Accepted Answer

Positive statements are descriptive and based on observable facts, focusing on describing the world as it is, rather than how it should be.

In Economics, Positive Statements Are About