Economics Nature & Scope on Economics Test 04 Mcqs Preparation Online 0 Nature & Scope on Economics Test 04 Mcqs Preparation Online 1. Utility and usefulness are:A. UnrelatedB. DifferentC. EqualD. Similar Loading... 2. "Everyone should study economics":A. Is a normative statementB. Is a positive statement C. Is nonsenseD. Is a true statement Loading... 3. Scarcity means that:A. High price of goodsB. The good is available but it is not freeC. Nobody wants to consume itD. Non-availability of goods Loading... 4. Select the correct statement:A. Economics affects historyB. All of the above are trueC. Geography affects economicsD. Economics affects politics Loading... 5. The basic economic problem common to all societies is:A. What, how and for whom to produceB. Equal distribution of wealth C. The achievement of full employmentD. Scarcity cannot be totally eliminated Loading... 6. Validity of economic theories can never be proved with 100 percent certainty, because:A. Ceteris paribus clause B. Some observation will be made in future which refute the theory C. (b) and (c)D. Limited number of observation is possible Loading... 7. Scarcity means:A. Non-availability of goodsB. High profit of the firmsC. Less supply than demandD. High price of goods Loading... 8. Professor Marshall thinks:A. Economics studies personal welfareB. Economics studies material welfareC. Economics studies total welfareD. Economics studies national welfare Loading... 9. Human wants are:A. CountableB. One thousandC. FewD. Innumerable Loading... 10. Rotten eggs are:A. Economic goodB. Free good C. WealthD. Service Loading... Loading... Related PostsNature & Scope on Economics Test 01 Mcqs Preparation OnlineNature & Scope on Economics Test 02 Mcqs Preparation OnlineNature & Scope on Economics Test 03 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 03 Mcqs Preparation OnlineNext Money and Value of Money Test 05 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
Copy Paste blocker plugin by jaspreetchahal.org
