Which of the following is a positive economic statement?

Question

BlackTom AI · Accepted Answer

Begin by identifying what constitutes a positive economic statement versus a normative one. Positive statements describe how the world is and can be tested or measured; normative statements express opinions about how the world ought to be.
Option 1: 'It is unfair that some families receive more tax benefits than others.' This is a normative claim, judging fairness and prescribing what should be, rather than stating a measurable fact.
Option 2: 'The government should increase the minimum wage to improve workers’ living standards.' This is also normative; it makes a value judgment about what policy should be and links it to a desired outcome, rather than stating a verifiable condition.
Option 3: 'The unemployment rate is 5 percent this year.' This is a positive economic statement because it reports a factual, measurable metric about the economy. It could be tested or compared to data from sources like labor statistics.
Option 4: 'The government ought to make health care free for everyone.' This is normative; it asserts what policy should be, not what currently is.
In summary, the only option that describes an observable reality without asserting a value judgment or policy prescription is Option 3, making it the positive economic statement among the choices.

Which of the following is a positive economic statement?Single choice

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Positive economics encourages value judgments. BlackTom题目解析

Inherently subjective. This describes [ Select ] positive analysis normative analysis positive analysis normative analysis . A value judgment about costs and benefit which describes what situation an individual prefers. This describes [ Select ] normative analysis positive analysis .

Positive statements are

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