Asked by Amanda Drennen on Apr 29, 2024

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A positive statement is one that is:

A) derived by induction.
B) derived by deduction.
C) subjective and is based on a value judgment.
D) objective and is based on facts.

Positive Statement

An objective statement based on facts and evidence that can be tested and verified.

Value Judgment

An assessment based on personal views, ethical standards, or aesthetics, rather than on measurable or objective criteria.

Deduction

An amount that is subtracted from someone's gross income, reducing the taxable income and thus the amount of tax owed.

  • Comprehend the disparities between positive and normative statements and their contribution to economic science.
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Verified Answer

ZK
Zybrea KnightMay 04, 2024
Final Answer :
D
Explanation :
A positive statement is a statement that can be proven or disproven based on objective facts. This means that it is not subjective and does not rely on personal opinions or value judgments. Choice D is the only option that describes a statement based on objective facts.