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in Microeconomics Introduction by (25.6k points)
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Classify the following statements into positive and normative statements. 

1. Statement I: India introduced a new economic policy in 1991. 

2. Statement II: Globalization badly aected India’s agricultural sector. 

3. Statement III: The number of people living below poverty line has to be reduced from the present level of 21%. 

4. Statement IV: Mean, median and mode are the measures of central tendency.

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1. Statement I: positive statement 

2. Statement II: normative statement

3. Statement III: normative statement 

4. Statement IV: positive statement.

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