Statement 1: The introduction of a 20% tax on sugar-sweetened beverages in Mexico in 2014 led to an average 9.7% reduction in purchases of taxed beverages over the subsequent two years.
Statement 2: To address rising healthcare expenditures, the UK government ought to increase the tax on high-sugar foods rather than subsidising fresh fruit and vegetables.
Which one of the following best describes the two statements above?
Statement 1: Normative; Statement 2: Positive
Statement 1: Positive; Statement 2: Normative
Statement 1: Positive; Statement 2: Positive
Statement 1: Normative; Statement 2: Normative
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.