Question # 1

Which economist said that, economics cannot be separated from spiritual values?

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Marshall

Robbins

Adam smith

Voton

Economic point of view of the supporters of which school of thought is the name of feeling and mental state

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Classical

Neo classical

Ancient

Modern

Founder of Classical school of thought was:

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Adam smith

Marshall

Robbins

Keynes

The non-material activities which have the ability to satisfy human wants indirectly, are called

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Goods

Services

Satisfaction

None of the three

"The nature and significance of economic sciences" was written by:

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Adam smith

Marshall

Robbins

Canon

Laws which reflect religion of society

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Economic laws

State laws

Scientific laws

Moral laws

In which kind of economics, aggregate behaviors of the economy are reviewed

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Theoretical

Applied

Micro

Macro

New classical economist is

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Robbins

Malthus

Marshall

Adam Smith

Who did write the book named "General theory of employment, interest and money

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Robbins

Pigou

Keynes

Cannon

Micro economics studies related to:

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National income

Unemployment

Trade cycle

Consumers behaviour

Behavior adopted on the basis of unlimited wants and limited means, is named

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Science

Art

Economics

Struggle

Writing of the same behavior of the people in particular arrangement and words is called

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Normative science

Positive science

Economic law

Scientific law

Who said that economics is normative science ?

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Keynes

Robbins

Marshall

Rocher

Founder of classical school of thought was

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Adam smith

Marshall

Robbins

Keynes

The most clear and comprehensive definition of economics is given by

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Adam Smith

Alfred Marshall

Robbins

A.C. Pigou

Micro economics related to

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International trade

Behavior of firm

National income

Personal income

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Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers

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