Which of the following is an example of a positive economic statement?
A) The U.S.public should devote more resources to education.
B) The poor should pay lower taxes and the rich should pay higher taxes.
C) Soap operas should be taken off television.
D) If you drop a ball from the top of a building,it will fall to the ground.

Question

Quizplus · Accepted Answer

This statement is a positive economic statement because it is a statement of fact that can be tested and verified through observation and experiment. It does not express any value judgments or opinions about what "should" or "ought" to happen in the economy.

Which of the Following Is an Example of a Positive