Which of the following is a statement of normative nature in economics? (a) Economics is study of choices/alternatives. (b) Government should be concerned with how to reduce unemployment (c) According to an estimate, in spite 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 Europ

Which of the following is a statement of normative nature in economics

1.	Which of the following is a statement of normative nature in economics? (a) Economics is study of choices/alternatives. (b) Government should be concerned with how to reduce unemployment (c) According to an estimate, in spite 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 Europ
Answer» (b) Government should be concerned with how to reduce unemployment.

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