Positive economic analysis _____.
A)evaluates policy changes and determines whether it is a good idea
B)seeks to understand the outcome of a policy change
C)cannot be proven incorrect
D)is a statement about "what ought to be"

Question

Quizplus · Accepted Answer

Positive economic analysis is focused on understanding the outcome of a policy change or economic phenomenon, rather than making value judgments or determining whether a policy change is a good idea. Positive analysis is empirical and can be tested through observation and data analysis. While positive analysis can be challenged and refined over time as new information becomes available, it is not absolute and can be disproven through rigorous testing.

Positive Economic Analysis _____