Economics Nature & Scope on Economics Test 03 Mcqs Preparation Online Nature & Scope on Economics Test 03 Mcqs Preparation Online 1. "Wealth of Nations" was written in:A. 1976B. 1776C. 1876D. 1676 Loading... 2. "Wealth of Nations":A. Is another name for United NationsB. Contains formulas to earn wealthC. Indicates total wealth of rich countriesD. Is a book Loading... 3. Economic principles are also called:A. Economic lawB. Economic theoryC. Economic modelD. All of the above Loading... 4. Marshall in his definition of economics:A. Accuses Adam SmithB. Uses the concept of material welfareC. Dislikes wealthD. Praises Robbins Loading... 5. Economic theory means:A. Descriptive economicsB. Principles of economicsC. Economic policy D. Economic facts Loading... 6. Marshall wrote the book:A. Principles of economicsB. Microeconomics theoryC. Classical economics D. Introduction to economics Loading... 7. Robbins in his definition:A. Preaches moral valuesB. Advises neutrality in economicsC. None of the aboveD. Talks of scarcity of resources Loading... 8. "Wealth of nations" was written by:A. Adam Smith B. MalthusC. Marshall D. Newton Loading... 9. One or more persons living together and having a common budget is called:A. All commodities in a houseB. Household C. A familyD. Organisation Loading... 10. Market system means:A. CapitalismB. All of the aboveC. SocialismD. A place where goods are traded Loading... Loading... Related PostsNature & Scope on Economics Test 04 Mcqs Preparation OnlineNature & Scope on Economics Test 01 Mcqs Preparation OnlineNature & Scope on Economics Test 02 Mcqs Preparation OnlineZoology Scope and Origin of Life MCQs Test 07 Preparation…Zoology Scope and Origin of Life MCQs Test 01 Preparation…Zoology Scope and Origin of Life MCQs Test 06 Preparation… Continue Reading Previous Nature & Scope on Economics Test 02 Mcqs Preparation OnlineNext Nature & Scope on Economics Test 04 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ