Economic Awareness - Sectors of Indian Economy
Which of the following is NOT a characteristic of positive economics?
Which of the following is NOT a characteristic of positive economics?
easy Q13 of 15
Step-by-Step Solution
Step 1: Recall characteristics of positive economics
Positive economics is objective, fact-based, and testable without involving opinions.Step 2: Identify the characteristic that does not belong
Value judgments are part of normative economics, not positive economics.Final Answer:
Involves value judgments → Option CQuick Check:
Positive economics = objective facts, no value judgments ✅
Quick Trick: Remember positive economics excludes opinions or judgments.
Common Mistakes:
MISTAKES- Confusing normative traits as part of positive economics.
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