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Economics (AS & A Level) · May / June 2025 · Paper 12 · Question 1

9708Economic methodology

What is the best definition of a positive economic statement?

  1. AA statement that is based on fact and can be tested.
  2. BA statement that attempts to influence economic decisions.
  3. CA statement that is subjective and cannot be confirmed.
  4. DAn encouraging economic update in the opinion of the central bank.

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Correct answer: A. A statement that is based on fact and can be tested.

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