Because economists have different values,like everyone else,they
A) tend to be self centered,so positive economics is impossible
B) ignore politics
C) use abstraction to be realistic
D) may disagree,even though economic theory is based on positive statements
E) try to be right all the time

Question

Quizplus · Accepted Answer

Economic theory is based on positive statements, which are objective and factual statements about the world. However, economists can still hold different values and beliefs, which can lead to disagreements about normative statements (statements about what should be done). Thus, economists may disagree even though they are using the same economic theory based on positive statements.

Because Economists Have Different Values,like Everyone Else,they