A tax cut will lead to higher inflation. This is an example of a positive economic statement.

Name: A tax cut will lead to higher inflation. This is an example of a positive economic statement.
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Question

Quizplus · Accepted Answer

A positive economic statement is objective and fact-based, describing what is or what will be, without any judgment or opinion. The statement about a tax cut leading to higher inflation is a hypothesis that can be tested and verified.

A Tax Cut Will Lead to Higher Inflation