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eRevision.uk

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Economic methodology Categorise

Target Level

Running Total

Attempt

1 of 1

Organise the items below into their correct category.

Categorise the following statements into normative statements and positive statements.

Normative statements

Positive statements

Unemployment can be caused by changes in seasons.

People in the UK should save more money for retirement.

Direct taxes such as Pay As You Earn (PAYE) are taxes on one’s income.

Rich people deserve to be taxed heavily.

Corporate taxes are too high.

Government should prioritise reducing unemployment than price level.

In 2021, UK government reduced VAT from 20 per cent to 5 per cent.

VAT is an example of an indirect tax.

The UK government is no longer a member of the European Union.

The best level of tax is zero per cent because it will stimulate consumption expenditure.

This is your 1^st attempt! You get 1 marks for each one you get right first time. Good luck!

Pass Mark

70%