Positive analysis predicts how an economic system will change over time.

Question

Quizplus · Accepted Answer

Positive analysis is a method of analyzing economic systems that involves predicting how they will change or behave over time based on existing data and facts. It is focused on describing what is likely to happen, rather than making value judgments or recommendations for how things should be. Positive analysis is concerned with explaining how the economy works, predicting how it will change over time based on past trends and data. It does not necessarily make value judgments, but aims to describe economic phenomena objectively.

Positive Analysis Predicts How an Economic System Will Change Over