| 1 |
Economics is a science which studies. |
- A. Production of wealth only
- B. Consumption of wealth only
- C. Optimum use of scare resources
- D. Welfare only
|
| 2 |
Micro economics studies related to |
- A. National income
- B. Unemployment
- C. Trade cycle
- D. Consumer's behavior
|
| 3 |
To which area of England Adam Smith belonged |
- A. Wales
- B. Scotland
- C. Ireland
- D. London
|
| 4 |
Points of Robbins definition are |
- A. Two points
- B. Four points
- C. Economic points
- D. Practical points
|
| 5 |
Ceteris paribus means: |
- A. Other things remain the same
- B. Assumptions of the law
- C. Conditions of the law
- D. All of them
|
| 6 |
Who did write the book named "General theory of employment, interest and money |
- A. Robbins
- B. Pigou
- C. Keynes
- D. Cannon
|
| 7 |
Inductive method represents: |
- A. General to particular
- B. Particular to general
- C. Normative science
- D. Economic planning
|
| 8 |
Who said that economics is the science of wealth ? |
- A. Adam Smith
- B. Robbins
- C. Marshall
- D. Pigou
|
| 9 |
The whom individuals Marshal included in definition of economics |
- A. Service of teachers
- B. People living in forests
- C. Trading professionals
- D. People living in caves
|
| 10 |
Who said that economics is neutural science ? |
- A. Pigou
- B. Keynes
- C. Robbins
- D. Marshall
|
