Question # 1

Who criticized Prof. Robbin's definition?

Marshall, J.B

Beveridge

Clark

Pigeou

Macro Economics was introduced by

Alfred Marshall

J.M. Keynes

N.W. Senior

J.B. Clark

Which economist presented the Cardinal Theory of Utility:

Marshall

Canon

Kroose

J.B. Say

In monopoly, which of the following is NOT true?

Products are differentiated

There is freedom of entry and exit into the industry in the long run

The firm is a price maker

There is one main seller

In 2005-06 which country had the highest growth rate among the following?

Egypt

Singapore

Kuwait

Nigeria

What was the production of wheat in million tones during 2005-06?

16.6

21.7

26.2

30.8

NAT II Management Science Economy MCQs With Answers