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"The distribution of income should be left to the market" is an example of a positive economic statement.

true
false

User Mozillazg
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Final answer:

The statement 'The distribution of income should be left to the market' reflects a value judgment and is a normative economic statement, not a positive one.

Step-by-step explanation:

The statement "The distribution of income should be left to the market" is an example of a normative economic statement rather than a positive economic statement. While positive statements are factual and can be tested for truthfulness, normative statements are based on opinions or values and cannot be proved true or false. In this case, the statement reflects a value judgment about how the distribution of wealth should be handled, rather than a testable fact about the economy.

User Lemon Kazi
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