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Introduction
Question
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Which is not the example of positive economics ?
  • India is the second largest populated country of the world
  • Prices have been rising in India
  • India should spend more money on defence
  • Fall in the price of commodity leads to rise in its quantity demanded.

Answer

C.

India should spend more money on defence

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Some More Questions From Introduction Chapter

Who is a producer ?

What is production ?

What is saving ?

Define investment.

Who are the agents of production ?

Define economic problem.

Define Statistics as a plural noun.

Define statistics as a singular noun.

Would it be called statistics if it is said that there are 2000 students in our school ?

Name the stages of statistical study.