Multiple Choice
Which of the following embodies a more widely accepted definition of economics?
A) science of material welfare
B) science of wealth
C) a study of mankind in the ordinary business of life
D) science of making choice.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: The word micro was first used in
Q6: Which of the following definitions of Economics
Q7: The meaning of the word 'economic' is
Q8: Which one of the following definition of
Q9: State whether Economics is :<br>A)a positive science
Q11: Microeconomics deals primarily with:<br>A)comparative statics, general equilibrium
Q12: What is true for deductive method?<br>A)abstract<br>B)realistic<br>C)economic conditions
Q13: Which of the following is incorrect?<br>A)microeconomics is
Q14: Which of the following statements has been
Q15: Which of the following statements is most