Bachelor of Arts in Economics (BA Economics)

Who defined economics as: a science which studies human behavior as a relationshipbetween ends and scarce means which have alternative uses:

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Question:

Who defined economics as: a science which studies human behavior as a relationshipbetween ends and scarce means which have alternative uses:

A.

j b say

B.

alfred marshall

C.

david ricardo

D.

robbins

Answer» d. robbins

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

When the total product curve is falling, the:

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Question:

When the total product curve is falling, the:

A.

Marginal product of labor is zero.

B.

Marginal product of labor is negative.

C.

Average product of labor is increasing.

D.

Average product of labor must be negative

Answer» b. Marginal product of labor is negative.

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

The economist who proposed that, “Inflation is always and everywhere a monetary phenomenon” was

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Question:

The economist who proposed that, “Inflation is always and everywhere a monetary phenomenon” was

A.

john maynard keynes.

B.

john r. hicks.

C.

milton friedman.

D.

franco modigliani.

Answer» c. milton friedman.

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

When a north Indian town data and south Indian data are totaled, itleads to the problem of ————-aggregation.

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Question:

When a north Indian town data and south Indian data are totaled, itleads to the problem of ————-aggregation.

A.

national

B.

regional

C.

spatial

D.

heterogeneous

Answer» c. spatial

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