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‘A government deficit will reduce unemployment and cause an increase in prices.’ This statement is—
  • a)
    Positive
  • b)
    Normative
  • c)
    Incomplete
  • d)
    None of these
Correct answer is option 'A'. Can you explain this answer?
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This statement is fact based and no value judgement attached to it, that's why correct option is'A'.
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‘A government deficit will reduce unemployment and cause an increase in prices.’ This statement is—a)Positiveb)Normativec)Incompleted)None of theseCorrect answer is option 'A'. Can you explain this answer?
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