Question

Economics as a positive science should be neutral between ends. This statement is:

• A. True
• B. False
• C. Partially True
• D. Cannot be commented at all

Answer 1

The correct option is A True

Positive science defines economics as the study of setting up an effective relationship between human wants and scarce means to maximize the satisfaction of most of the unlimited wants in the economy. Therefore, it described economics as neutrality between various wants in the economy as it studies and solves the problem of scarcity