Which of the following statements about positive economic analysis is false?
A)Positive analysis uses an economic model to estimate the costs and benefits of different courses of action.
B)There is much more disagreement among economists over normative economic analysis than over positive economic analysis.
C)There is much more disagreement among economists over positive economic analysis than over normative economic analysis.
D)Unlike normative economic analysis, positive economic analysis can be tested.

Question

Quizplus · Accepted Answer

This statement is false. There is generally more agreement among economists over positive economic analysis because it is based on empirical evidence and can be tested. Normative economic analysis, on the other hand, involves subjective judgments and values, which can lead to more disagreement.

Which of the Following Statements About Positive Economic Analysis Is