Karnataka II PUC Economics (KSEAB) Practice Questions - Karnataka School Examination And Assessment Board (KSEAB) II PUC Class 12 Economics (Subject Code 22) Exam

Which statement is an example of positive economics rather than normative economics?

The government should raise the minimum wage Unemployment is too high and must be reduced A 10% rise in income tax revenue followed a rate change last year Everyone ought to have free higher education

Correct Answer:

A 10% rise in income tax revenue followed a rate change last year

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