For economists, positive statements are:

Question

Quizplus · Accepted Answer

Positive statements are descriptive statements that describe how the world is. They are based on empirical evidence and do not involve value judgments or opinions. They simply describe the facts or reality of a situation, and are meant to be objective and unbiased. Option B is incorrect because positive statements are not necessarily optimistic or pessimistic; they simply state what is. Option C is incorrect because positive statements do not necessarily justify existing economic policy. Option D is incorrect because prescriptive statements make a claim about how things ought to be, whereas positive statements describe how things are in reality.

For Economists, Positive Statements Are