A positive economic statement:
A) contains personal and social value judgments.
B) is always a mathematical expression.
C) should never be used by an economist.
D) is proper provided the advocator is clear the position rests on personal assessment.
E) is an unbiased report of the facts of the economy.

Question

Quizplus · Accepted Answer

A positive economic statement is an unbiased report of the facts of the economy. It does not contain personal or social value judgments and should not be influenced by personal assessment or opinions. It is based solely on objective data and empirical evidence.

A Positive Economic Statement