Question

D. Matching the Correct Statements
I. From the set of statements given in Column I and Column Il, choose the correct pair of state
Column 1
Column 11
(i) Microeconomics
(a) Deals with the aggregates at the level of the
as a whole
(ii) Choice
(b) Process of selection from available limited al
(iii) Positive economics
(c) Involves value judgement
(iv) Normative statements
(d) Statements as based on facts and figures
past, present or future
(v) Mixed economy
(e) The consumer is not sovereign​

Answer 1

1- a

2- b

3- c

4- d

5- e

All answers are given above

Answer 2

Answer:

A.

B.

C.

D.

E.

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