English

The statements like ‘Economy should control pollution’ or ‘Unemployment in the economy ought to be reduced’ fall within the scope of ______.

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Question

The statements like ‘Economy should control pollution’ or ‘Unemployment in the economy ought to be reduced’ fall within the scope of ______.

Options

  • Normative Statements

  • Positive Statements

  • Both (a) and (b)

  • None of these

MCQ
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Solution

The statements like ‘Economy should control pollution’ or ‘Unemployment in the economy ought to be reduced’ fall within the scope of Normative Statements.

Explanation:

Statements that say what ought to be done such as controlling pollution or reducing unemployment are normative statements because they involve value judgements.

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Chapter 1: Introduction - OBJECTIVE QUESTIONS [Page 1.37]

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Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 1 Introduction
OBJECTIVE QUESTIONS | Q 41. | Page 1.37
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