The correct answer is: b. claims about how the world is.
Positive statements are factual claims that can be tested and validated, as opposed to normative statements which deal with how the world should be.
a. claims about how the world should be.
b. claims about how the world is.
c. made by economists speaking as policy advisers.
d. prescriptive.
1 answer
The correct answer is: b. claims about how the world is.
Positive statements are factual claims that can be tested and validated, as opposed to normative statements which deal with how the world should be.