Which one of the following is true?
A normative statement is one that is based on an underlying value judgement.
A positive statement must always be factually correct.
A normative statement is one that can be tested and validated using empirical data.
A positive statement is one that suggests what policies a government ought to introduce.
123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.