Nature & Scope on Economics Test 01 Mcqs Preparation Online 2 Comments / Economics / By Shani Malik Nature & Scope on Economics Test 01 Mcqs Preparation Online 1. Father of political economy:A. MalthusB. SamuelsonC. Adam SmithD. Marshall Loading... 2. Economic laws are:A. MoralB. UnrealC. Natural D. Scientific Loading... 3. Ceteris paribus means:A. That no other assumptions are madeB. Other things equalC. All variables are independentD. Enable economists to simplify reality Loading... 4. Economic laws are:A. DefiniteB. BriefC. ExactD. Approximate Loading... 5. He described economics as a science of material welfare:A. KeynesB. MarshallC. RobbinsD. Ricardo Loading... 6. Economic problems arise because of:A. Dishonesty B. GreedC. LazinessD. Scarcity Loading... 7. Which statement is true ?A. Economics is a social and natural scienceB. Economics is a physical and normative scienceC. Economics is physical and positive science D. Economics is a social and normative science Loading... 8. Which statement relates to macroeconomics:A. The firms try to make huge profitsB. Oil prices are rising in PakistanC. Profit rate is high in textile industryD. The government has failed to control inflation Loading... 9. Economics is a science:A. SocialB. MoralC. SpiritualD. Dismal Loading... 10. In economics, assumptions:A. Mean other things equalB. Enable economists to simplify realityC. Make economic theory uselessD. Used in micro and not in macro economist Loading... Loading... Related NTS Results Post:Islamiat Mcqs Test 02 Online PreparationIslamiat Mcqs Test 03 Online PreparationChemistry MCQs Test 07 Online PreparationChemistry MCQs Test 06 Online PreparationChemistry MCQs Test 05 Online PreparationBiology Mcqs Test 12 Online PreparationIslamiat Mcqs Test 01 Online PreparationBiology Mcqs Test 06 Online Preparation
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