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Introduction To Micro-Economics — Economics STD 11 — Question

Tamilnadu BoardEnglish MediumSTD 11EconomicsIntroduction To Micro-Economics2 Marks
Question
Define normative economics?
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Answer

  1. Inflation is better than deflation.
  2. More production of luxury goods is not good for a less-developed country.
  3. Inequalities in the distribution of wealth and incomes should be reduced.

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