What type of statement is "Prices rise when the government prints too much money"?

Question

Quizplus · Accepted Answer

This is a positive economic statement because it is a statement of fact, describing a cause-and-effect relationship between two economic variables (government printing money and rising prices). It is not an opinion or a value judgment, which would make it a normative economic statement. It is also not a statement made by a particular administration, nor is it a welfare statement.

What Type of Statement Is "Prices Rise When the Government