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WorksheetsSubhashish Gogoi
Total questions: 10
Worksheet time: 3mins
Who is known as the 'Father of Economics'?
J. M. Keynes
Lional Robins
Adam Smith
T. R. Malthus
Which of the following is not a central problem of an economy?
What to produce?
How to produce?
When to produce?
For whom to produce?
If I am talking about individual income, the topic falls under
Macroeconomics
Business Economics
Microeconomics
Wealth Economics
A demand will be effective if
I have the strong desire to purchase it.
I have a dream to have it.
I have purchasing power and desire to get it.
A sales executive is pushing me to have it.
If there is only one seller in a market, it is
Perfect Competition
Monopsony
Monopoly
Oligopoly
Market of cars falls under
Duopoly
Oligopoly
Perfect Competition
Monopoly
If you are bargaining, trying to get the best price information, wants to buy in cheaper price, you are
A miserly customer
A confusing customer
A perfect customer
A rational customer
Which will be best fitted for an economics student?
He/she can't be unemployed.
He/she may be unemployed with a clear idea of which type of unemployed he is.
He/she can be unemployed but can't be underemployed.
None of the above.
The origin of 'Economics' word is
Oikos and Nomos
Econ and Omics
Economy and Basics
None of the above
Market of 'Lemon' indicates
Vegetable market
Fast food market
Second hand car market
Share Market
