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प्रश्न
Classify the following statement into positive economic or normative economic, with suitable reason:
Real Gross Domestic Product (GDP) is calculated on the basis of 'base year price'.
एका वाक्यात उत्तर
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उत्तर
Real Gross Domestic Product (GDP) is calculated on the basis of 'base year prices' is a positive statement. This is because this statement is giving a fact and can be tested and verified.
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