Which of the following statements about positive analysis is correct? A. Positive analysis involves value judgments. B. Positiv
e analysis is concerned with what ought to be. C. Positive analysis is concerned with what is. D. Positive analysis can be used to determine whether policies are good or bad.
Explanation: Positive analysis is an analysis which evaluates the real characteristics of the world and describes the world in the way it is. The analysis that focus on what ought to be is normative analysis.
The positive analysis is based on proved facts and logic and is usually used to test or develop theories of economics. It is considered as a part of economics and is also called value free economics or positive economics.
Hence, from the above we can conclude that the correct option is C.
<span>Typically homes increase in values over time and cars depreciate over time. Land value always increases as years pass since there will be lesser available lots while cars depreciate because as years pass more maintenance is needed allow the car to be still useful.</span>
