Microeconomics: Principles, Applications, and Tools (8th Edition)

Published by Prentice Hall
ISBN 10: 0-13294-886-9
ISBN 13: 978-0-13294-886-9

Chapter 1 - Introduction: What Is Economics? - Exercises - 1.1 What is Economics? - Page 13: 1.4b

Answer

positive

Work Step by Step

Changes in housing prices can be verified from factual data. That question is positive — it seeks to describe or explain what actually happened (a factual relationship) and can be answered using data or evidence.
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