A positive economic statement is one that
A) can be refuted.
B) is free of the ceteris paribus assumption.
C) is based on a value judgment.
D) asserts something about the role of moral behavior in building a strong economy.

Question

Quizplus · Accepted Answer

Positive economic statements are those that can be tested and validated or refuted, meaning they are based on factual claims about how the world actually works, as opposed to normative statements which are based on opinions or values.

A Positive Economic Statement Is One That