Which of the following statements is an example of positive economics?
A)Workers in the new economy must be more computer literate than they were in the past.
B)If the food stamp program is eliminated, the poor will have difficulty feeding their families.
C)The elimination of tariffs on imported goods and services has increased unemployment in the United States.
D)All of the statements above represent examples of positive economics.
E)None of the statements above represent examples of positive economics.

Question

Quizplus · Accepted Answer

Positive economics deals with objective analysis and descriptions of economic phenomena, without making judgments about whether they are good or bad. All the statements (A, B, C) provide descriptions or predictions about economic situations or outcomes, fitting the criteria for positive economics.

Which of the Following Statements Is an Example of Positive