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The economic problem

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Question 38

Which of the following describes a characteristic of a normative economic statement?

A

It is based on value judgements that cannot be scientifically tested

B

It is an objective statement that can be proven true or false using data

C

It focuses solely on establishing facts and statistical relationships

D

It describes how an economy actually behaves under specific conditions

Markscheme

The economic problem Questions

  1. A Level
  2. /Economics
  3. /The economic problem

53 exam-style questions on OCR A Level Economics The economic problem. Each one has a worked solution and a mark scheme showing where the marks go.

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