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प्रश्न
‘Around 22% of India’s population is below the poverty line.’ It is an example of Normative Economics. (True/False)
सत्य या असत्य
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उत्तर
This statement is false.
Explanation:
The statement is an example of Positive Economics, not Normative Economics. Positive Economics deals with facts and economic situations as they actually exist. The given statement is factual and can be verified using actual data. Therefore, it is a positive economic statement.
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