A Positive Economic Statement Does Not Have to Be Verifiable

question 23

True/False

A positive economic statement does not have to be verifiable.

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Definitions:

Equivalent Statements

Sentences that have the same truth value in every possible situation.

Biconditional

A logical statement wherein two propositions are true or false together; it is true if both parts have the same truth value.

Component

An element or part of a larger whole, especially in systems, machines, or products, contributing to or comprising a function or structure.

Equivalent

Identical in worth, quantity, role, significance, and so on.