| 1 |
Adam smith was a |
- A. President of France
- B. a modern economist
- C. good sports man
- D. classical economist
|
| 2 |
Loinel Robbins wrote a book entitled "Nature and Significance of economic science" in. |
- A. 1776
- B. 1998
- C. 1931
- D. 1936
|
| 3 |
Economics is a science |
- A. Spiritual
- B. Social
- C. dismal
- D. moral
|
| 4 |
Everyone should study economics is a |
- A. positive statement
- B. normative statement
- C. true statement
- D. nonsense
|
| 5 |
Who was the exponent of macro economics in recent times. |
- A. Adam Smith
- B. J.M. Keynes
- C. Marshall
- D. Maithus
|
| 6 |
Wealth of Nations was written in |
- A. 1976
- B. 1876
- C. 1776
- D. 1676
|
| 7 |
Economics problems arise because of |
- A. greed
- B. scarcity
- C. dishonesty
- D. laziness
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| 8 |
Prof. Robins wrote a book in 1931 entitled. |
- A. General Theory of employment. Interest and money.
- B. An inquiry into the nature and causes of wealth of nations.
- C. Principle of economics.
- D. Nature and Significance of economic science.
|
| 9 |
In economics, assumptions |
- A. make economics theory useless
- B. mean other things equal
- C. enable economics to simplify reality
- D. used in micro and not in macroeconomics
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| 10 |
Economics theory means |
- A. economic policy
- B. economic principles
- C. descriptive economics
- D. economics facts
|