Statement 1: Following the increase in university tuition fees in England in 2012, the number of applications from lower-income households continued to rise.
Statement 2: Many young people chose to study local degree courses to avoid paying high accommodation costs.
Which one of the following best describes the two statements above?
Statement 1: Normative; Statement 2: Normative
Statement 1: Normative; Statement 2: Positive
Statement 1: Positive; Statement 2: Normative
Statement 1: Positive; Statement 2: Positive
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.