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1.1 Nature of economics

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Question 52

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

1.1 Nature of economics Questions

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