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Economics Quiz

Authored by Brajesh Roy

Social Studies

University

Used 3+ times

Economics Quiz
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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is known as the the father of modern economics?

Thomas Robert Malthus

Francois Quesnay

Adam Smith

David Ricardo

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The Physical Quality of Life Index was calculated for the first time by

A Lewis

P Samuelson

Morris D Moris

E E Hagen

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If total expenditure on a commodity increases after a price increase the elasticity demand is

Grater than one

Equal to one

Less than one

Infinite

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rational expectation Theory is associated with

Hicks

Romer

Lucas

Non the above

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In The Cobb-Douglas production function the elasticity of substitution between factor is

Zero

Equal to one

Grater tan one

Less than one

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