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24 August, 06:59

Which of the following is a positive economic statement? A. Foreign citizens should not be allowed to work without a work visa. B. Due to a decrease in state funding, university tuition has risen. C. People should use public transportation more often. D. The government should ban diesel engines in automobiles.

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  1. 24 August, 07:27
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    B. Due to a decrease in state funding, university tuition has risen

    Explanation:

    Positive economic statement - it is referred to as the statement that can be tested, validated on the basis of available evidence. A positive statement is used to explain different economic phenomena. The positive economic statement is totally based on fact while the normative statement is based on the value of judgment.

    In the given question the correction option is B. This option describes the economic phenomena.
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