| 1 |
Macro economics deals with |
- A. how to buy groceries
- B. aggregate economics activity
- C. establishment of a new firm
- D. industrial activity
|
| 2 |
Market system means |
- A. Socialism
- B. Capitalism
- C. a place where goods are traded
- D. all of the above
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| 3 |
Which type of problems are brought under discussion in micro economics . |
- A. Consumer's behaviour
- B. International trade
- C. Balance of payment
- D. Public finance
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| 4 |
Wealth of Nations was written in |
- A. 1976
- B. 1876
- C. 1776
- D. 1676
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| 5 |
Adam smith was a |
- A. President of France
- B. a modern economist
- C. good sports man
- D. classical economist
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| 6 |
Economics problems arise because of |
- A. greed
- B. scarcity
- C. dishonesty
- D. laziness
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| 7 |
Who criticized economics as "dismal Science". |
- A. Alfred Marshall
- B. Lionel Robbins
- C. Carlyle and Ruskin
- D. J.M. Keynes.
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| 8 |
Which one is the non-economic activity. |
- A. Service of a doctor
- B. Morning walk
- C. Service of teacher
- D. Service of an advocate
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| 9 |
Economic laws can be define as . |
- A. A statement of social behaviour
- B. Laws implement by an executive
- C. Laws of the state
- D. Statement of general economic tendencies
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| 10 |
Basic economic problem is |
- A. inflation
- B. unemployment
- C. scarcity
- D. lack of money
|