Quiz: Value Judgements in Economic Decision-Making
AQA A level economics 7136 specification
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Building on what you've learned about positive and normative statements, let's test your understanding of value judgements in economic decision-making!
Which of the following is an example of a value judgement?
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Which of the following statements are normative? (Select all that apply)
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Value judgements occur when an economist makes a claim about what {{blank0}} happen, based on their {{blank1}}.
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Match the items on the left with their correct pairs on the right
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Why are value judgements important in economic decision-making?
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Which factors influence value judgements in economics? (Select all that apply)
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Match the items on the left with their correct pairs on the right
A normative statement is based on a {{blank0}} judgement and cannot be {{blank1}} using data.
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Which of the following is true about value judgements?
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