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 Europe

Answer»

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 Europe



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