Classify the Following Statements into Positive Economics Or Normative Economics, with Suitable Reasons: Government Should Try to Control the Rising Fiscal Deficit. - Economics
Classify the following statement into positive economic or normative economic, with suitable reason:
Government should try to control the rising fiscal deficit.
Government should try to control the rising fiscal deficit is a normative statement.
This is because this given statement involves personal value judgment and cannot be tested and verified.
Concept: Measures of Government Deficit Or Surpluses
Is there an error in this question or solution?
why create a profile on Shaalaa.com?
1. Inform you about time table of exam.
2. Inform you about new question papers.
3. New video tutorials information.