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1.2 Economic Methodology
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Raising the minimum wage is a great way to increase workers' basic income.
Normative statement
Dr. Chan ought to buy more textbooks to satisfy the GP students' demand.
Normative statement
The quantity of textbooks may be insufficient to satisfy students' demand at GP
Positive statement
The introduction of a new iPhone 13 may increase Apple's revenue.
Positive statement
The introduction of a new iPhone 13 is the best way to increase Apple's revenue.
Normative statement
A lower corporate tax rate attracts more investment by companies.
Positive statement
Hong Kong should lower its corporate tax rate to attract more investment by companies.
Normative statement
All Macbooks have faster processing speeds than all HP laptops.
Positive statement
Increasing the interest rate decreases the amount people spend on consumption.
Positive statement
The US has the biggest economy in the world.
Positive statement
Mr. Yannick would be a better Economics teacher if he had more Baamboozle quizzes in class.
Normative statement
The IFC 2 is the tallest building in Hong Kong.
Positive Statement
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