Economics MCQS with Answers 1st Year
In which year Alfred Marshall wrote a book entitled “Principle of economics”
19000%
189000%
187000%
185000%
Robbins definition of economics spell out the existence of
Political problem
Social problem
Economics problem
Moral problem
Scarcity means
high profit of the firms
less supply than demand
high price of goods
non availability of goods
Economic problems arises because of.
Alternative use of resources.
All of the above
Unlimited wants.
Scarcity of resources.
Economics laws
are hated by people
must be followed
are unscientific
show economic behavior of people
Macro economics deals with
aggregate economics activity
establishment of a new firm
industrial activity
how to buy groceries
Economics problems arise because of
greed
dishonesty
scarcity
laziness
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