What makes a positive economic statement testable?
A
It is a subjective claim about what ought to be that can be checked against evidence.
B
It is an objective claim about what is that can be checked against evidence.
C
It is an objective claim about what is that must be accepted by experts.
D
It is an opinion about what is desirable that can be checked against evidence.
1.1.2 Positive and normative economic statements Flashcards
Flashcards for Edexcel A A Level Economics 1.1.2 Positive and normative economic statements, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 20 cards, matched to the Edexcel A A Level Economics (9EC0) specification.