2Economic Models Assumptions MethodologyMedium1 mark
Which combination correctly identifies whether the statements are normative or positive?
| the rate of inflation is measured using a price index | a rise in unemployment is preferable to inflation | the inflation rate of 9% in 2025 was the highest it has been in 10 years | |
|---|---|---|---|
| A | normative | normative | positive |
| B | positive | positive | normative |
| C | normative | positive | normative |
| D | positive | normative | positive |