Economics Nature & Scope on Economics Test 02 Mcqs Preparation Online 0 Nature & Scope on Economics Test 02 Mcqs Preparation Online 1. Macroeconomic deals with:A. Industrial activityB. Establishment of a new firmC. How to buy groceries D. Aggregate economic activity Loading... 2. Microeconomics concentrates:A. When society produces unimportant or silly goodsB. In a country that uses resources inefficientlyC. In only poor countries D. In all countries of the world Loading... 3. A positive statement:A. Is always accurateB. Deals with values and opinionsC. Cannot be tested in the real worldD. Concerns 'what is' Loading... 4. Adam Smith was a:A. A modern economistB. Classical economistC. Was a SaintD. Good sports man Loading... 5. Economic law:A. Are unscientificB. Are hated by peopleC. Must be followedD. Show economic behavior of people Loading... 6. Three basic economic problems:A. What, which, whyB. What, how and for whomC. Why, where, and whenD. What, which and how much Loading... 7. Normative economics:A. Deals solely with the facts B. Is clearly preferable to positive economicsC. Involves opinions and interpretations D. Is never studied in colleges Loading... 8. Basic economic problem is:A. ScarcityB. UnemploymentC. PovertyD. Inflation Loading... 9. Microeconomics concentrates:A. International economic relationsB. On inflationC. Individual economic unitsD. Economic development of Pakistan Loading... 10. Economics:A. Is a social scienceB. None of theseC. Is more important than mathematicsD. Should be made compulsory for every student Loading... Loading... Related PostsNature & Scope on Economics Test 01 Mcqs Preparation OnlineNature & Scope on Economics Test 03 Mcqs Preparation OnlineNature & Scope on Economics Test 04 Mcqs Preparation OnlineZoology Scope and Origin of Life MCQs Test 07 Preparation…Zoology Scope and Origin of Life MCQs Test 06 Preparation…Zoology Scope and Origin of Life MCQs Test 05 Preparation…Zoology Scope and Origin of Life MCQs Test 04 Preparation…Zoology Scope and Origin of Life MCQs Test 03 Preparation…Zoology Scope and Origin of Life MCQs Test 02 Preparation…Zoology Scope and Origin of Life MCQs Test 01 Preparation… Continue Reading Previous Nature & Scope on Economics Test 01 Mcqs Preparation OnlineNext Nature & Scope on Economics Test 03 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ
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