Question # 1

Macro Economics was introduced by

Alfred Marshall

J.M. Keynes

N.W. Senior

J.B. Clark

What was the difficulty in the barter System:

Excess of goods

Difference language

Lack of co-incidence

Difference in profession

The Kachhi Canal water project shall be completed in:

September 2008

June 2008

April 2009

December 2008

Average revenue is equal to:

Price

Total revenue

Marginal revenue

Average cost

What was the number of buffaloes in 2005-06?

12 million

28.4 million

34 million

40 million

Which economist presented the Cardinal Theory of Utility:

Marshall

Canon

Kroose

J.B. Say

NAT II Management Science Economy MCQs With Answers