A policy institute asserts: 'Implementing a 15% tariff on imported solar panels will increase domestic green energy manufacturing jobs, so the government ought to introduce this tariff immediately to protect local workers.'
With reference to this assertion, explain the difference between positive and normative economic statements.
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.