Economics Nature & Scope on Economics Test 03 Mcqs Preparation Online 0 Nature & Scope on Economics Test 03 Mcqs Preparation Online 1. Economic theory means:A. Principles of economicsB. Descriptive economicsC. Economic policy D. Economic facts Loading... 2. Marshall wrote the book:A. Classical economics B. Principles of economicsC. Microeconomics theoryD. Introduction to economics Loading... 3. Market system means:A. All of the aboveB. A place where goods are tradedC. SocialismD. Capitalism Loading... 4. "Wealth of Nations":A. Indicates total wealth of rich countriesB. Is a bookC. Is another name for United NationsD. Contains formulas to earn wealth Loading... 5. "Wealth of nations" was written by:A. Adam Smith B. MalthusC. NewtonD. Marshall Loading... 6. One or more persons living together and having a common budget is called:A. A familyB. Household C. OrganisationD. All commodities in a house Loading... 7. Economic principles are also called:A. Economic theoryB. Economic modelC. Economic lawD. All of the above Loading... 8. "Wealth of Nations" was written in:A. 1676B. 1976C. 1876D. 1776 Loading... 9. Marshall in his definition of economics:A. Dislikes wealthB. Accuses Adam SmithC. Praises RobbinsD. Uses the concept of material welfare Loading... 10. Robbins in his definition:A. Talks of scarcity of resources B. None of the aboveC. Advises neutrality in economicsD. Preaches moral values Loading... Loading... Related PostsNature & Scope on Economics Test 01 Mcqs Preparation OnlineNature & Scope on Economics Test 02 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 02 Mcqs Preparation OnlineNext Nature & Scope on Economics Test 04 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Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published.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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