What Is An Example Of A Positive Statement? Positive statements are thus the opposite of normative statements. … Positive statements are based on empirical evidence. For examples, “An increase in taxation will result in less consumption” and “A fall in supply of petrol will lead to an increase in its price”. What is an example
What Is Positive And Normative Economics And Examples? Ans. An example of positive economics is, “an increase in tax rates ultimately results in a decrease in total tax revenue”. On the other hand, an example of normative economics is, “unemployment harms an economy more than inflation”. What do you mean by positive economics? Positive economics
What Is A Positive Statement In Macroeconomics? Positive economics is objective and fact-based where the statements are precise, descriptive, and clearly measurable. … Here’s an example of a positive economic statement: “Government-provided healthcare increases public expenditures.” This statement is fact-based and has no value judgment attached to it. What is a normative macroeconomic statement? A