Skip to content
MathsGenie logo
Quick links
Open app

Course home

  1. A Level
  3. Economics Edexcel A
  5. Question bank

1.1.2 Positive and normative economic statements

EasyMedium
123456789101112131415161718
Question 12

Statement 1: A 10% increase in the national living wage will lead to a 2.5% decrease in employment within the agricultural sector.

Statement 2: The government should prioritise reducing income inequality over boosting economic growth because extreme inequality is morally unacceptable.

Which one of the following best describes the two statements above?

Statement 1: Positive; Statement 2: Positive

Statement 1: Normative; Statement 2: Positive

Statement 1: Normative; Statement 2: Normative

Statement 1: Positive; Statement 2: Normative

1.1.2 Positive and normative economic statements Questions

  1. A Level
  2. /Economics
  3. /1.1.2 Positive and normative economic statements