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1.1.2 Positive and normative economic statements

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Question 14

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?

A

Statement 1: Normative; Statement 2: Positive

B

Statement 1: Positive; Statement 2: Normative

C

Statement 1: Positive; Statement 2: Positive

D

Statement 1: Normative; Statement 2: Normative

Markscheme

1.1.2 Positive and normative economic statements Questions

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

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.

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