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1.1 Nature of economics

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Question 11

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.

1.1 Nature of economics Questions

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