Which of the following is an example of a positive economic statement?
A) The unemployment rate last month was 5.4 percent.
B) The unemployment rate last month was too high.
C) Because of the high unemployment rate last month the government should increase government spending.
D) The unemployment rate should be measured differently because it doesn't include students who can't find jobs.

Question

Quizplus · Accepted Answer

A is a positive economic statement because it is a statement of fact that can be objectively measured and verified. It neither expresses an opinion nor makes value judgments.

Which of the Following Is an Example of a Positive