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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.

Card 1 of 20

1.1.2 Positive and normative economic statements Flashcards

  1. A Level
  2. /Economics
  3. /1.1.2 Positive and normative economic statements

20 flashcards on Edexcel A A Level Economics 1.1.2 Positive and normative economic statements: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards