Which of the following statements about positive economic analysis is true?
A)Positive analysis uses an economic model to estimate the costs and benefits of different course of actions.
B)There is much less 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 positive economic analysis,normative economic analysis can be tested.

Question

Quizplus · Accepted Answer

Positive economic analysis involves using economic models to estimate the costs and benefits of different courses of action, focusing on objective and fact-based outcomes, rather than subjective judgments or prescriptions.

Which of the Following Statements About Positive Economic Analysis Is