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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

Define Economics.

Define economic activity.

Who is a consumer ?

What is consumption ?

Who is a producer ?

What is production ?

What is saving ?

Define investment.

Who are the agents of production ?

Define economic problem.