Which one of the following is a positive economic statement?
Implementing a 10%10\%10% congestion charge in urban centres reduces average commuter delays by at least 555 minutes.
To improve social equity, urban congestion charges must be structured to exempt low-income drivers.
Congestion charging is the fairest method of allocating scarce road space in densely populated cities.
High-density cities should prioritise funding public transit networks over expanding highway capacity.
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.