The statement that "at 10 percent,the interest rate is too high for families to buy a home they could have afforded when the interest rate was below 7 percent ," is a(n)
A) positive statement
B) normative statement
C) morally ambiguous philosophical position
D) affront to the American dream
E) value judgment

Question

Quizplus · Accepted Answer

This is a positive statement because it is a factual claim that can be tested or verified, rather than an opinion or value judgment.

The Statement That "At 10 Percent,the Interest Rate Is Too