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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion (A): The government is planning to introduce a bill for the control of population in
India. This type of decision is covered in Positive Economics.
Reason (R): Positive Economics concerns the description and explanation of economic phenomenon.
  • a)
    Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
  • b)
    Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
  • c)
    Assertion (A) is true, but Reason (R) is false .
  • d)
    Assertion (A) is false, but Reason (R) is true.
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Directions : In the following questions, a statement of Assertion (A)...
The term positive economics refers to the objective analysis in the study of economics. Most economists look at what has happened and what is currently happening in a given economy to form their basis of predictions for the future. This investigative process is positive economics. Conversely, a normative economic study bases future predictions on value judgments.
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Directions : In the following questions, a statement of Assertion (A)...
Assertion and Reasoning

Assertion (A): The government is planning to introduce a bill for the control of population in India. This type of decision is covered in Positive Economics.
Reason (R): Positive Economics concerns the description and explanation of economic phenomenon.

Explanation

The Assertion (A) is false because the control of population is not covered in Positive Economics. The government's decision to introduce a bill for the control of population is a normative economic decision because it involves the government's judgment on what the population should be. Positive Economics is concerned with the description and explanation of economic phenomena, but not with the normative judgments about what should be done. Therefore, the Reason (R) is true but does not provide a correct explanation for Assertion (A).

Correct Option:

The correct option is (D) Assertion (A) is false, but Reason (R) is true.
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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): The government is planning to introduce a bill for the control of population inIndia. This type of decision is covered in Positive Economics.Reason (R): Positive Economics concerns the description and explanation of economic phenomenon.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false .d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?
Question Description
Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): The government is planning to introduce a bill for the control of population inIndia. This type of decision is covered in Positive Economics.Reason (R): Positive Economics concerns the description and explanation of economic phenomenon.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false .d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): The government is planning to introduce a bill for the control of population inIndia. This type of decision is covered in Positive Economics.Reason (R): Positive Economics concerns the description and explanation of economic phenomenon.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false .d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): The government is planning to introduce a bill for the control of population inIndia. This type of decision is covered in Positive Economics.Reason (R): Positive Economics concerns the description and explanation of economic phenomenon.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).c)Assertion (A) is true, but Reason (R) is false .d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?.
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