Question

Based on scientific nutritional studies, in most countries an income of $1 a day does not provide sufficient food, shelter, and clothing to live. Under these conditions the medical risk of death is high. This statement is:

1. a subjective statement.
2. an art-of-economics statement.
3. a positive statement.

Answer 1

Based on scientific nutritional studies, in most countries an income of $1 a day does not provide sufficient food, shelter, and clothing to live. Under these conditions the medical risk of death is high. This statement is a positive statement.

Step-by-step explanation:

Positive statements are accurate declarations that can be tested, modified or rejected with reference to the evidence available. Positive economics addresses objective explanations, tests and theories rejected.

For example, a decrease in incomes will lead to increased demand for food on the own label.

Optimistic economics are objective and factual, where the declarations are accurate, descriptive and obviously measurable. Such statements can be evaluated against tangible proof or historical events. For positive economics, there are no situations of approval-disapproval.