A positive economic statement is:
A) an opinion of an action that should be taken.
B) an action that will have a positive effect on the economy.
C) a statement testable by facts.
D) a claim that the speaker is positive will occur.
E) always a microeconomic position.

Question

Quizplus · Accepted Answer

A positive economic statement is a statement that can be tested by facts and is objective rather than subjective. It is not an opinion on what actions should be taken, nor is it necessarily a guarantee of a positive outcome. It can apply to both micro and macroeconomics.

A Positive Economic Statement Is