"The government should reduce the income taxes for people with middle-class incomes." A Economist would state this.

Normative

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Positive

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Formative

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Negative

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Normative
A normative economist would make this statement. Normative economics is prescriptive and makes recommendations to solve economic problems.

Suggest Corrections

Similar questions

Q. Which of the following statements are positive statements?
(i) India is overpopulated.
(ii) Agricultural income should be taxed.
(iii) Service-class people should be exempted from income tax.
(iv) There is tremendous tax evasion in India.

Q. There is a large disparity between the incomes of the middle class and the poor. As an economist, you want to explore this. This comes under which domain of economics?

State Government imposes a monthly tax on the salary of all the employees. The tax amount varies according to the income slab. The Central Government also imposes tax on the same income, which is known as the income tax. This is against the theory of taxation.

Which of the following is a conclusion which can be drawn from the facts stated in the above paragraph?

Q. Country X's per capita income is low. It appoints an economist to overcome this problem. However, the economist needs to understand the reasons for such low capita income before devising an economic plan.

Help the economist understand the situation by stating the reasons for a low per capita income.

Q. Tina earns an income of ₹6 lakh. But a portion of her income goes to the government in the form of taxes. This means that Tina is a ____________ .

Join BYJU'S Learning Program

"The government should reduce the income taxes for people with middle-class incomes." A Economist would state this.

The correct option is A NormativeA normative economist would make this statement. Normative economics is prescriptive and makes recommendations to solve economic problems.

The correct option is A Normative
A normative economist would make this statement. Normative economics is prescriptive and makes recommendations to solve economic problems.