1.

Which of the following is a statement of normative nature in economics ? (a) Economics is study of choices/alternatives (b) (c) According to an estimate, in spilt of severe shortage, more than 10% of houses in Indian cities are lying vacant (d) Accommodation of Refugees is posing a big problem for the Europe

Answer»

Economics is study of choices/alternatives
Government should be concerned with how to reduce unemployment
According to an estimate, in SPILT of SEVERE shortage, more than 10% of HOUSES in Indian cities are lying vacant
Accommodation of Refugees is posing a BIG problem for the EUROPE

Solution :Govemment should be concerned with how to reduce unemployment


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