Which of the following is an example of a positive,as opposed to normative,statement?
A) Income tax rates should not have been cut as they were a few years ago.
B) The quantity of money has grown too slowly in recent years.
C) When the quantity of money grows rapidly, inflation is a predictable consequence.
D) All of the above are positive statements.

Question

Quizplus · Accepted Answer

A positive statement is one that can be tested and validated; it describes the world as it is. Statement C is a factual claim that can be tested, whereas A and B are normative statements expressing opinions or what ought to be.

Which of the Following Is an Example of a Positive,as