Question # 1

Economic laws are

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Definite and universal

Of Conditional nature

Of moral nature

Of political nature

Who is the Founder of macro economics ?

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Marshall

Malthus

Adam smith

Keynes

Which economist did name economics as neutral science

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Pigou

Keynes

Robbins

Marshall

State laws are of

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Regional nature

Country nature

International nature

Non of three

Economic problem arises because human wants

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Are unlimited

Are limited

Do not exists

None of three

Marshall belonged to the country

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America

England

France

Japan

Deductive method of deriving economic laws

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We move from general conditions to particular conditions

We move from particular conditions to general conditions

Stated in general way

Different incidents are kept in view

Which is not studied in macro economics

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National income

Money and banking

Price theory

Public finance

Propounder of economics was

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Robbins

Marshall

Adam smith

Keynes

"Principles of Economics" was written in:

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1776

1890

1932

1930

Which one is not studied in micro economic

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National income

Consumer behavior

Market equilibrium

Firm's equilibrium

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Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers

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