| 1 |
Which statement relates to macroeconomics |
Oil prices are rising in Pakistan
Profit rate is high in textile industry
The firms try to make huge profits
The government had failed to control inflation
|
| 2 |
Economics problems arise because of |
greed
scarcity
dishonesty
laziness
|
| 3 |
Economics is a science |
Spiritual
Social
dismal
moral
|
| 4 |
Economics laws are |
exact
approximate
brief
definite
|
| 5 |
He described economics as a science of material welfare |
Robbins
Marshall
Ricardo
Keyness
|
| 6 |
Father of the political economy |
Adam smith
Malthus
Marshall
Samuelson
|
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