Normative economics can be explained through:

CA Foundation · Business Economics · MTP · April 2025
Normative economics can be explained through:
(A) A. Fairness to tax
(B) B. Incidence to tax
(C) C. Effect of tax on incentives to work
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Fairness to tax

Topics: Nature & Scope of Business Economics

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