Which one of the following is a positive economic statement?
The government should increase the top rate of income tax to 50%50\%50% to ensure a fairer distribution of household income.
A high rate of inflation is a more serious economic problem than a high level of unemployment.
A 5%5\%5% increase in the duty on diesel fuel will lead to a reduction in the quantity demanded of diesel.
It is unacceptable that the poorest 10%10\%10% of households spend a larger proportion of their income on energy than the richest 10%10\%10%.
26 exam-style questions on Edexcel A A Level Economics 1.1.2 Positive and normative economic statements. Each one has a worked solution and a mark scheme showing where the marks go.