A. Adam Smith
B. Marshall
C. Robins
D. Marks
Related Mcqs:
- A film on economics in which economists study and observe the details of an economic unit or a very small judgment of economy is__________________?
A. Macroeconomic
B. Micro economic
C. Positive economic
D. Normative economic - The branch of economics which analyze govt. revenues and expenditures is__________________?
A. Public revenue
B. Public finance
C. Public good
D. None - In________________ economics we look at desirability of certain aspects of the economy ?
A. Theoretical
B. Positive
C. Normative
D. None - An industry in which economics profits are negative and which will, therefore, decrease its output as firms leave it ?
A. Increasing cost industry
B. Decreasing cost industry
C. Declining industry
D. None of these - Noble prize of Economics in 1979 was awarded to________________?
A. W. Arthur Lewis
B. Theodore Schultz
C. Both a and b
D. None - Discount rate that causes a project to have a net present value of zero used to rank projects in comparison with market rates of interest?
A. Rate or returns
B. External rate or returns
C. Internal rate or returns
D. None - A decrease in the governmentally defined value of currency ____________________?
A. Inflation
B. Devaluation
C. Cheapness
D. All - The study of how economies are transformed from stagnation to growth and from low income to higher income status?
A. Econometrics
B. Development economics
C. Development plan
D. All - The study process by which a productive capacity of the economy is increased over time to bring about raising levels of national output and income?
A. Development
B. Economic growth
C. Economic integration
D. All - The body of knowledge and techniques which can be used to produce goods and service from economic resources is________________?
A. Technology
B. Advanced knowledge
C. Both
D. None
