Which of the Following Is an Example of a Positive,as

question 405

Multiple Choice

Which of the following is an example of a positive,as opposed to normative,statement?

• A) Income tax rates should not have been cut as they were a few years ago.
• B) The quantity of money has grown too slowly in recent years.
• C) When the quantity of money grows rapidly, inflation is a predictable consequence.
• D) All of the above are positive statements.