A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Feb/Mar 2020 · Q31 Mark

A newspaper article contains the following comments. 1 The burden of tax should be shifted more to the highest earners. 2 It is in the public interest that key services are nationalised. Which type of economic statement is illustrated by each comment?

Anormative, normative

Bnormative, positive

Cpositive, normative

Dpositive, positive

✓ Correct answer

A: normative, normative

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Basic economic ideas and resource allocation and see which topics are most likely to come up next.

About this question

Topic: Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2020 Paper 1 Variant 2, question 3.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Economics questions

Basic economic ideas and resource allocationFeb/Mar 20201m

A worker earns $40 per hour. Rather than work, she decides to visit a museum for three hours. The visit costs a total…

Basic economic ideas and resource allocationFeb/Mar 20201m

Which change in the way resources are allocated in an economy is consistent with moving from a planned economy to a m…

Basic economic ideas and resource allocationFeb/Mar 20211m

An American family is choosing between four holiday destinations in Europe, each at the same price. The table shows t…

International economic issuesFeb/Mar 20171m

A country has a large current account deficit. Its government decides to devalue its currency. In which circumstance …

Government microeconomic interventionFeb/Mar 201720m

Explain the difference between public goods and private goods. Consider why profit can be made through the supply of …

The price system and the microeconomyFeb/Mar 201720m

Explain the factors that are likely to make the supply of a product relatively price inelastic.

← Browse all past-paper questions