Multiple Choice
Which one of the following definition of Economics is associated with the name of Lionel Robbins?
A) Welfare definition
B) Scarcity definition
C) Growth definition
D) Wealth definition
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: The word macro was first used in
Q5: When consumption and income are equal, saving
Q6: When the method of Statics is called
Q7: Wage cut as a solution of unemployment
Q8: Value of money:<br>A)Is inversely related to the
Q10: The marginal propensity to save is defined
Q11: An official reduction in the value of
Q12: Personal Disposable income is:<br>A)Always equal to personal
Q13: The major primary function of money in
Q14: Which of the following is Keynesian saving