Quiz 1 (09/06/2021)
Authored by vijayakanth aranganathan
Other
12th Grade - University
Used 3+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Who is the father of Economics?
Alfred Marshall
Adam Smith
J. S. Mill
J. B. Say
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who defined Economics as a Science of Welfare?
Adam Smith
Lionel Robins
Paul Sweezy
Alfred Marshall
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economics is a social science which deals with human wants and their satisfaction.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Scarcity arises because all societies have
limited resources to satisfy unlimited wants and needs
unlimited productive resources to satisfy limited wants
limited needs and unlimited wants
unlimited needs and limited wants
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The most important measure of economic growth is...
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