Question # 1

Who is responsible for profit and loss in the business:

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Capitalist

Entrepreneur

Labour

Middleman

International trade has the benefits:

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One

Unlimited

Two

Three

What remains after deduction of direct taxes from the personal incom:

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NNI

DPI

NDI

GNP

Who presented the quantity theory of money:

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Marshall

Robbins

Taussig

Keynes

Who wrote The Nature and Significance of Economics"

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Adam simth

Marshall

Robbins

Keynes

The economy gets prosperity during:

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Recession

Boom

Depression

Recovery

Macro Economics was introduced by:

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Alfred Marshall

J.M.Keynes

N.W Senior

J.B.Clark

Who described Economics as a scienece of wealth:

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Piguo

Adam Smith

Robbins

Marshall

What is deducted from GNP to find GDP.

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Depreciation allowance

Net income received from abroad

Indirect tax

Transfer payments

Consumer goods are those goods which are used by a man:

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Directly

Off and On

Indirectly

Never

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