Question # 1

Macro Economics was introduced by:

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Alfred Marshall

J.M.Keynes

N.W Senior

J.B.Clark

How many methods can be used for cultivation

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One

Two

Three

Four

Who presented the quantity theory of money:

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Marshall

Robbins

Taussig

Keynes

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

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Directly

Off and On

Indirectly

Never

Canons of taxation describes

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Marshall

Keynes

Robbins

Adam Smith

Slope of demand curve is:

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Negative

Zero

Positive

Fixed

Inflation will be useful for:

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Labourers

Industrialist

Consumers

Pensioners

National income does not include:

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Profit

Wages

Interest

Transfer payments

The other name of law of diminishing return is:

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Law of supply

Law of diminishing marginal utility

Law of demand

Law of increasing cost

Marginal cost curve always intersects average cost curve at:

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The maximum point

The central point

The minimum point

The vertical point

National income period is

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One year

Three years

Two years

Four years

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