Study

1.2 Economic Methodology

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  • The US has the biggest economy in the world.
    Positive 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
  • Dr. Chan ought to buy more textbooks to satisfy the GP students' demand.
    Normative statement
  • Increasing the interest rate decreases the amount people spend on consumption.
    Positive statement
  • The introduction of a new iPhone 13 may increase Apple's revenue.
    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
  • The quantity of textbooks may be insufficient to satisfy students' demand at GP
    Positive statement
  • Raising the minimum wage is a great way to increase workers' basic income.
    Normative statement
  • All Macbooks have faster processing speeds than all HP laptops.
    Positive statement
  • The introduction of a new iPhone 13 is the best way to increase Apple's revenue.
    Normative statement
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