Question

Which of the following statement is incorrect if economics is considered as a positive science?

• A. Neutral between ends.
• B. Studies facts.
• C. Passes value judgements.
• D. Makes generalizations from facts.

Answer 1

Answer: (C)

Passes value judgements.

Positive science and pure science describes the matter of the presence of the subject with proven facts and figures with careful observations that does not contains valued judgement i.e. dos and don'ts for social welfare.