| 1 |
Who said that economics is the science of wealth ? |
- A. Adam Smith
- B. Robbins
- C. Marshall
- D. Pigou
|
| 2 |
Which characteristic is not found in economic laws |
- A. Not quantitative
- B. Cannot be predicted
- C. No punishment in case of going against law
- D. Definite and universal
|
| 3 |
Economic problem arises due to: |
- A. Unlimited wants
- B. Limited resources
- C. Resources have alternative use
- D. All of them
|
| 4 |
In which year the book named "Principles of Economics" was written |
- A. 1805
- B. 1890
- C. 1903
- D. 1915
|
| 5 |
Who said that economics has the place of intellectual religion |
- A. Cannon
- B. Pigou
- C. Durban
- D. Robbins
|
| 6 |
Micro economics related to |
- A. International trade
- B. Behavior of firm
- C. National income
- D. Personal income
|
| 7 |
How many are kinds of theoretical economics |
- A. Two
- B. Three
- C. Four
- D. Five
|
| 8 |
In which kind of economics, aggregate behaviors of the economy are reviewed |
- A. Theoretical
- B. Applied
- C. Micro
- D. Macro
|
| 9 |
Founder of classical school of thought was |
- A. Adam smith
- B. Marshall
- C. Robbins
- D. Keynes
|
| 10 |
To describe as it is, after seeing and analyzing any event, is known as |
- A. Normative science
- B. Positive science
- C. Biological science
- D. For casting science
|
