Question : Statement 1: Positive economics deals with objective analysis and focuses on explaining economic phenomena as they are.

Statement 2: Normative economics involves subjective judgments and aims to prescribe what economic policies should be implemented.

Option 1: Statement 1 is true, and statement 2 is false.

Option 2: Statement 1 is false, and statement 2 is true.

Option 3: Both statements 1 and 2 are true.

Option 4: Both statements 1 and 2 are false.

Question : Positive economics involves:

Option 1: Assessing the impact of economic policies on societal well-being

Option 2: Conducting experiments to test economic theories

Option 3: Evaluating the ethical implications of economic decisions

Option 4: Analyzing economic data to understand cause and effect relationships

Question : "Economics is what it ought to be" - This statement refers to 

Option 1: Normative economics 

Option 2: Positive economics 

Option 3: Monetary economics 

Option 4: Fiscal economics 

Question : Statement 1: Positive economics aims to determine how changes in the price of a good affect its quantity demanded.

Statement 2: Normative economics focuses on analyzing the impact of government policies on consumer behavior.

Option 1: Statement 1 is true, and statement 2 is false.

Option 2: Statement 1 is false, and statement 2 is true.

Option 3: Both statements 1 and 2 are true.

Option 4: Both statements 1 and 2 are false.

Question : The analysis of the interrelationship between the economy and the environment in the economic environmental accounting system was forwarded by_____.

Option 1: Central Statistical Office

Option 2: National Environmental Engineering Institute

Option 3: Directorate of Economics and Statistics

Option 4: United Nations Statistical Office