Quiz: Positive Statements
Pearson Edexcel Level 3 Advanced GCE in Economics A (9EC0)
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Welcome! You've been building your understanding of economic models and assumptions, and why economists can't run true experiments. This quiz will challenge you to deepen your understanding of **positive statements** and how they are used in economics.
What defines a positive economic statement?
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Which of the following are positive economic statements? (Select all that apply)
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Positive statements are {{blank0}} and can be tested, whereas normative statements are {{blank1}} and based on opinions.
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Match the items on the left with their correct pairs on the right
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Which statement is an example of a positive economic statement?
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Why do positive statements play a key role in economic modelling? (Select all that apply)
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A statement such as 'Raising interest rates reduces inflation' is a {{blank0}} statement because it is {{blank1}}.
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Match the items on the left with their correct pairs on the right
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