Lesson 4.1.1.1
4.1.1.1 Economic methodology Quiz: AQA Economics, Unit 1
20 questions
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Lesson 4.1.1.1, Economic methodology: 20 multiple choice questions for the AQA Economics (7136), Unit 1: Individuals, firms, markets and market failure, written with Revision Ninja.
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The 20 questions
-
What type of economic statement can be verified or refuted using evidence?
- Normative statement
- Subjective statement
- Value judgement
- Positive statement
-
What type of economic statement includes a value judgement about what ought to be?
- Positive statement
- Testable statement
- Empirical statement
- Normative statement
-
What type of economic statement can be tested and verified using evidence?
- Normative statement
- Positive statement
- Value judgement
- Subjective statement
-
A statement that the UK minimum wage is 'unfairly low' is an example of what?
- Positive statement
- Statistical fact
- Empirical finding
- Value judgement
-
Which focus of study classifies economics as a social science?
- Physical matter
- Chemical reactions
- Biological organisms
- Human behaviour
-
What type of science is economics primarily classified as due to limited experimentation?
- Natural science
- Social science
- Physical science
- Pure science
-
What causes two economists with identical evidence to prefer different policies?
- Differing value judgements
- Different statistical data
- Flawed mathematical logic
- Conflicting economic facts
-
A claim that a tax on sugary drinks reduces consumption is an example of what?
- Positive statement
- Value judgement
- Ethical claim
- Normative statement
-
A claim that cutting welfare benefits is 'morally correct' is best described as what?
- Normative statement
- Testable statement
- Empirical statement
- Positive statement
-
Stating that rent controls cause housing shortages in the long run is what type of statement?
- Positive statement
- Moral statement
- Value judgement
- Normative statement
-
Why do economists often disagree on policy recommendations despite agreeing on data?
- Conflicting positive statements
- Flawed statistical methods
- Inaccurate economic data
- Different value judgements
-
Which type of economic statement is objective and testable against evidence?
- Normative
- Value-laden
- Positive
- Subjective
-
A study finding that higher fuel duty reduced car travel by 3% is what type of statement?
- Normative statement
- Positive statement
- Value judgement
- Moral claim
-
Stating that the government 'ought to' reduce fuel poverty is an example of what?
- Normative statement
- Factual statement
- Empirical statement
- Positive statement
-
What role do value judgements play in government economic policy decisions?
- Proving empirical facts
- Calculating statistical data
- Testing economic theories
- Determining policy objectives
-
What type of statement can be tested against factual evidence?
- Moral statement
- Value judgement
- Positive statement
- Normative statement
-
What influences economic policy decisions when evidence alone cannot resolve disagreement?
- Empirical evidence
- Value judgements
- Scientific laws
- Positive statements
-
What type of economic statement contains value judgements about what ought to happen?
- Objective statement
- Normative statement
- Positive statement
- Empirical statement
-
What term describes an opinion based on personal beliefs rather than testable facts?
- Positive claim
- Empirical fact
- Testable hypothesis
- Value judgement
-
Which word in an economic statement most strongly indicates that it is normative?
- Increases
- Causes
- Should
- Will
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