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1.1 Nature of economics

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Question 6
95%

Statement 1: The Canadian federal health transfers increased from $43.1 billion in 2020–21 to $45.9 billion in 2021–22.

Statement 2: To ensure equitable access, the Canadian government ought to dedicate an extra $2 billion annually to rural health clinics.

Which one of the following best describes the two statements above?

A

Statement 1: Positive; Statement 2: Positive

B

Statement 1: Positive; Statement 2: Normative

C

Statement 1: Normative; Statement 2: Positive

D

Statement 1: Normative; Statement 2: Normative

Markscheme

1.1 Nature of economics Questions

  1. A Level
  2. /Economics
  3. /1.1 Nature of economics

85 exam-style questions on Edexcel A A Level Economics 1.1 Nature of economics, covering 1.1.1 Economics as a social science, 1.1.2 Positive and normative economic statements, 1.1.3 The economic problem, 1.1.4 Production possibility frontiers, 1.1.5 Specialisation and the division of labour, and 1.1.6 Free market economies, mixed economy and command economy. Each one has a worked solution and a mark scheme showing where the marks go.

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