Which statement makes use of positive analysis?
A)Policymakers should aim for a 4% inflation rate.
B)High economic growth is a more important economic goal than low inflation.
C)The federal government spends $500 billion on education per year.
D)Health care is a right of all citizens.

Question

Quizplus · Accepted Answer

Statement C presents a factual, objective observation about government spending on education without any normative judgment or value statement. Positive analysis is concerned with describing and explaining economic phenomena without making judgments or prescriptions about what ought to be done. The other statements involve normative judgments or value statements about what policymakers should strive for or what is important, and are therefore not examples of positive analysis.

Which Statement Makes Use of Positive Analysis