Positive economic statements are usually easier to refute with data than normative economic statements are.

Name: Positive economic statements are usually easier to refute with data than normative economic statements are.
Brand: Quizplus
Rating: 4.7 (54 reviews)

Question

Quizplus · Accepted Answer

Positive statements are statements about the world as it is, which means they can be tested and refuted with empirical data. Normative statements, on the other hand, are value judgments about how the world should be, and cannot be proven or disproven with data alone.

Positive Economic Statements Are Usually Easier to Refute with Data