Identify the following as Positive Statements and Normative Statements: (i) People should save more for their future. (ii) In India, population is increasing at an alarming rate. (iii) The Government should ompose heavy taxes on rich people. (iv) Smoking should be discouraged in the world. (v) In India, tax rate slabs increase with increase in income. (vi) Higher interest rates induces people to save more out of their income. (vii) High taxes on cigarettes discourage smoking. (viii) Government should put more efforts to reduce pollution.

Identify the following as Positive Statements and Normative Statements

1.	Identify the following as Positive Statements and Normative Statements: (i) People should save more for their future. (ii) In India, population is increasing at an alarming rate. (iii) The Government should ompose heavy taxes on rich people. (iv) Smoking should be discouraged in the world. (v) In India, tax rate slabs increase with increase in income. (vi) Higher interest rates induces people to save more out of their income. (vii) High taxes on cigarettes discourage smoking. (viii) Government should put more efforts to reduce pollution.
Answer» SOLUTION :Positive Statement: (ii),(V),(vi),(VII), NORMATIVE Statements, (i),(III),(iv),(viii).