Category: Economics Mcqs

(A) Adam Smith
(B) Professor A Samulson
(C) Alfred Marshall
(D) J R Hicks

(A) Are transferable
(B) Have utility
(C) Are scarce
(D) All the three

(A) Unsatisfaction of human wants
(B) Evaluation of alternative uses of scarce
resources
(C) Both
(D) None

(A)Coal mines of Bihar
(B)Water resources of Uttaranchal
(C)Mineral deposits of Jharkhand;
(D)All of the above

(A)Unlimited
(B)Limited in supply and use
(C)Limited in supply but have alternative uses;
(D)Unproductive

(A)What is or how the economic problem facing the
society are solved;
(B)How the problem should be solved
(C)What to Produce ;
(D)How to produce

(A)Economic behavior of individual economic decision
making units;
(B)Economy as a whole
(C)Economy as a whole
(D)Economic growth of the society

(A) Engel curves
(B) Hickson analysis
(C) Slutkesy approach
(D) None of the above