Statement 1: Canada spent 12.1% of its gross domestic product (GDP) on healthcare in 2022. Statement 2: The UK government should increase its healthcare spending to match Canada's proportion.
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.