An analytic approach in which we move from general to particular from theory to facts is_________________?

Related Mcqs:

1. In ___________________ we avoid value judgments and focus on facts?

   A. Positive economics
   B. Normative economics
   C. Theoretical economics
   D. factual economics

2. When price for one and demand for other move in same direction we say them___________________?

   A. Complementary
   B. Substitutes
   C. Supplementary
   D. None

3. A particular set of institutional arrangement and a coordinating mechanism is___________________?

   A. Economic system
   B. Fascism
   C. Mixed system
   D. None

4. Proportion of school aged children who don’t complete a particular school cycle ?

   A. IIIiteracy rate
   B. Dropout rate
   C. Children un education rate
   D. All

5. A barrier to the attainment of a set target in a particular period of time?

   A. Economic inefficient
   B. Economic integration
   C. Economic constraint
   D. None

6. Building of new factories in particular nation by corporations of other nations ?

   A. Discrimination
   B. Direct foreign investment
   C. Profit maximization rule
   D. Economies of scale

7. A labour union which limits its membership to workers with a particular skill ?

   A. Labour union
   B. Craft union
   C. Credit union
   D. None

8. The transfer of savings from developing countries to industrially advanced countries to avoid govt. expropriation, taxation and high rates of inflation is_________________?

   A. capital flight
   B. capital account
   C. capital deficit
   D. All of these

9. A market in which products are sold by firms and bought by households is_________________?

   A. Resource market
   B. Product market
   C. Consumer market
   D. None

10. A rise in the general level of prices in an economy___________________?

    A. Inflation
    B. Dearnen
    C. Both
    D. None