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प्रश्न
Which of the following is a correct example of a statement containing both positive and normative economics?
पर्याय
Government should stop Minimum Support Price to the farmers.
India should spend more money on defence
Indian economy is a developing economy, the Government should make it develop through correct planning.
Increase in real per capita income increases the standard of living of people
MCQ
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उत्तर
Indian economy is a developing economy, the Government should make it develop through correct planning.
Explanation:
The third statement is positive in the first half, providing facts, and normative in the second part, based on value judgment.
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