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A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Feb/Mar 2024 · Q21 Mark

Which statement is a normative statement?

AAggregate demand will increase following a decrease in interest rates.
Brise in unemployment will decrease inflationary pressures.
CThe incentive to work will rise if benefit payments are reduced.
DUnsustainable economic growth is more harmful to the economy than hyperinflation.

✓ Correct answer

D: Unsustainable economic growth is more harmful to the economy than hyperinflation.

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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, Feb/Mar 2024 Paper 1 Variant 2, question 2.

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