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1.1.2 Positive and normative economic statements

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Question 2

Statement 1: The Canadian federal health transfers increased from $43.1 billion in 2020–21 to $45.9 billion in 2021–22.

Statement 2: To ensure equitable access, the Canadian government ought to dedicate an extra $2 billion annually to rural health clinics.

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

Statement 1: Positive; Statement 2: Positive

Statement 1: Positive; Statement 2: Normative

Statement 1: Normative; Statement 2: Positive

Statement 1: Normative; 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