Which of the following is an example of a positive economic statement?
A)The distribution of income in the United States should be more equal.
B)The after-tax distribution of income is more equal than the pre-tax distribution of income.
C)The tax system should be more progressive so that the after-tax distribution of income can be more equal.
D)The government should not be involved in the income redistribution schemes.

Question

Quizplus · Accepted Answer

Positive economic statements are descriptive and based on observable facts or data, without making judgments about what ought to be. Choice B, stating that the after-tax distribution of income is more equal than the pre-tax distribution, is a factual claim that can be tested and verified, making it a positive economic statement.

Which of the Following Is an Example of a Positive