1.

Which of the following is a statement of normative nature in economics ? (a) Economics is study of choices/altematives. (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 Europe.

Answer»

(b) Government should be concerned with how to reduce unemployment.



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