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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · May/June 2025 · Q11 Mark

What is the best definition of a positive economic statement?

Astatement that is based on fact and can be tested.
Bstatement that attempts to influence economic decisions.
Cstatement that is subjective and cannot be confirmed.
DAn encouraging economic update in the opinion of the central bank.

✓ Correct answer

A: statement that is based on fact and can be tested.

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About this question

Topic
Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2025 Paper 1 Variant 2, question 1.

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