The statement "An increase in the price of gasoline will lead to a decrease in the amount purchased" is
A) a political statement.
B) a positive statement.
C) a normative statement.
D) a scientific statement.

Question

Quizplus · Accepted Answer

This is a positive statement because it describes a relationship between two variables (price of gasoline and amount purchased) without making a judgment about whether this outcome is desirable. Positive statements are based on factual claims about how the world works.

The Statement "An Increase in the Price of Gasoline Will