Which one of the following definition of Economics is associated with the name of Lionel Robbins?

Question:

Which one of the following definition of Economics is associated with the name of Lionel Robbins?

A.

Welfare definition

B.

Scarcity definition

C.

Growth definition

D.

Wealth definition

Answer» b. Scarcity definition

Note: The above multiple-choice question is for all general and Competitive Exams in India

A student evaluation of teaching effectiveness for a particular course asks students torespond to their level of agreement with several statements according to the scale 1 = Strongly Agree, 2 = Agree, 3 = Neutral, 4 = Disagree, and 5 = Strongly Disagree. The responses indicate what level of measurement?

Question:

A student evaluation of teaching effectiveness for a particular course asks students torespond to their level of agreement with several statements according to the scale 1 = Strongly Agree, 2 = Agree, 3 = Neutral, 4 = Disagree, and 5 = Strongly Disagree. The responses indicate what level of measurement?

A.

ordinal

B.

ratio

C.

nominal

D.

interval

Answer» a. ordinal

Note: The above multiple-choice question is for all general and Competitive Exams in India