A positive statement is necessarily a subjective statement.
Correct Answer:
Verified
Q60: Those who support a laissez faire system
A)believe
Q61: To argue that economics is a partisan
Q62: A laissez faire system is an economy
Q63: Which of the following is a normative
Q64: Positive economics
A)will usually indicate which economic policy
Q66: "Inflation is a more serious problem than
Q67: A system in which the government essentially
Q68: In modern market economies, the role government
Q69: All microeconomic issues are normative in nature.
Q70: Which of the following statements is true?
A)Normative
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