Question # 1

Macro Economics was introduced by:

Choose an answer

Alfred Marshall

J.M.Keynes

N.W Senior

J.B.Clark

Phases of trade cycle are:

Choose an answer

One

Three

Two

Four

Who criticized Prof.Robbin's definition?

Choose an answer

Marshall,J.B

Beveridge

Clark

Pigeou

According to law of increasing return marginal product:

Choose an answer

Increases

Decreases

Remains constant

None of these

National income does not include:

Choose an answer

Profit

Wages

Interest

Transfer payments

Personal income means:

Choose an answer

Own income

Family income

Govt.income

Old income

Inflation on prices:

Choose an answer

Decrease

Remains constant

Increase

Become zero

Canons of taxation describes

Choose an answer

Marshall

Keynes

Robbins

Adam Smith

Who is responsible for profit and loss in the business:

Choose an answer

Capitalist

Entrepreneur

Labour

Middleman

Due to devaluation exports become:

Choose an answer

Smaller

Larger

Cheaper

Expensive

More Classes

Other Links

NAT I General Science Economics MCQs With Answers

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer

Choose an answer