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Question

Which of these is false, if economics is considered as a normative science?

A
Suggests socially desirable ends.
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B
Excludes human behaviour.
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C
Specifies what is good and reasonable.
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D
Specifies what "ought to be".
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Solution

The correct option is B Excludes human behaviour.

A normative statement explains what should be base of the subject according to the belief of humans through valued judgement that describes the fairness of the subject on public policy. It analyses human behaviour on various factors that prevails in the economy and derive a subject by that.


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