Nature & Scope on Economics Test 03 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Nature & Scope on Economics Test 03 Mcqs Preparation Online 1. Robbins in his definition:A. None of the aboveB. Preaches moral valuesC. Advises neutrality in economicsD. Talks of scarcity of resources Loading... 2. Economic principles are also called:A. Economic lawB. Economic theoryC. Economic modelD. All of the above Loading... 3. Market system means:A. SocialismB. All of the aboveC. CapitalismD. A place where goods are traded Loading... 4. One or more persons living together and having a common budget is called:A. OrganisationB. Household C. A familyD. All commodities in a house Loading... 5. Economic theory means:A. Descriptive economicsB. Economic factsC. Principles of economicsD. Economic policy Loading... 6. "Wealth of Nations":A. Contains formulas to earn wealthB. Indicates total wealth of rich countriesC. Is a bookD. Is another name for United Nations Loading... 7. Marshall wrote the book:A. Principles of economicsB. Microeconomics theoryC. Classical economics D. Introduction to economics Loading... 8. "Wealth of nations" was written by:A. MalthusB. Adam Smith C. NewtonD. Marshall Loading... 9. "Wealth of Nations" was written in:A. 1976B. 1876C. 1776D. 1676 Loading... 10. Marshall in his definition of economics:A. Accuses Adam SmithB. Uses the concept of material welfareC. Praises RobbinsD. Dislikes wealth Loading... Loading... Related NTS Results Post:Nature & Scope on Economics Test 01 Mcqs Preparation OnlineNature & Scope on Economics Test 04 Mcqs Preparation OnlineNature & Scope on Economics Test 02 Mcqs Preparation OnlineEconomics Solved MCQs Test 01 Preparation OnlineEconomics Solved MCQs Test 02 Preparation OnlineZoology Scope and Origin of Life MCQs Test 04…Zoology Scope and Origin of Life MCQs Test 05…Zoology Scope and Origin of Life MCQs Test 02…
