A-LevelEconomicsBasic Economic IdeasOct/Nov 2019Paper 1 Q41 Mark
Which is a normative economic statement?
AMoney is the least liquid form of wealth.
BSome firms are subsidised by the government.
CSome workers earn more than others.
DTaxes are the best way to discourage smoking.
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The correct answer is D. This question tests the candidate's understanding of basic economic ideas within the Economicssyllabus. The examiner's mark scheme requires...
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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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