Multiple Choice
State whether Economics is :
A) a positive science only
B) neither a positive science
C) a science but not art
D) a science or an art depending on who uses economics and for what purpose.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: The fundamental problem faced by an economy
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
Q10: Which of the following embodies a more
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