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1.1 Economic methodology and the economic problem

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Question 7
83%

Which one of the following statements is a positive statement rather than a normative statement?

A

The government should increase the top rate of income tax to 50%50\%50% to ensure a fair distribution of income.

B

A reduction in the top rate of income tax will increase the total tax revenue collected by the government.

C

It is better for a government to run a budget surplus than a budget deficit during an economic recovery.

D

The primary objective of fiscal policy must be to support the poorest members of society.

Markscheme

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem

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.

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