Asked by DIVYNE PERRIN on Apr 27, 2024
Verified
Which statement is positive?
A) The poverty rate is 14%.
B) A high rate of inflation is the most important economic goal for the country.
C) Everyone in the country should save money for retirement.
D) Basketball players should not be paid higher salaries than are teachers.
Positive
Describes an approach or statement that is based on factual assertions or affirmative actions, often used in the context of economic analysis.
Normative
Refers to prescriptive concepts, reflecting beliefs about what ought to be rather than what is.
- Learn about the conceptual frameworks of positive and normative statements specific to the study of economics.
Verified Answer
SP
Stephanie PonceMay 04, 2024
Final Answer :
A
Explanation :
Statement A provides a concrete statistic without any negative or judgmental language.
Learning Objectives
- Learn about the conceptual frameworks of positive and normative statements specific to the study of economics.