STATISTICS FOR ECONOMICS

A Mother teaching her child is a ___________ activity, while a teacher teaching the students is an _____________ activity.

• non-economics, economic

• economic, non economic

________________ definition of economics has been given by lionel robbins.

• scarcity

• wealth

• welfare

___________- is an economic activity which deals with use of goods and services for satisfaction of human wants.

• consumption

• production

• distribution

____________ activities are undertaken to earn a living.

• economic

• non- economic

______________- is a person who by goods and services for the the satisfaction of his wants.

• producers

• consumers

• service providers

• service holders

_________________- is a person who works for some other person and gets paid for it.

• employee

• employer

• consumer

• producer

economic problem arises due to:

• unlimited wants

• scarcity of resources

• alternative uses of resources.

• all of the above.

welfare definition of economics has been given by:

• lionel robbins

• adam smith

• alfred marshall

• prof samuelson

FATHER INDIAN STATISTICS-----------------------------

• P.C MAHALANOBIS.

• SIR RONALD FISHER

Statistics may be defined as the collection, presentation, analysis and interpretation of numerical data in _____________ sense.

• singular sense

• plural sense.