1.

Complete the following statements:1. Commodity which satisfies human wants is called __________2. Actual transfer of goods from one person to another is termed as __________3.Income which is paid as per terms and condition is called as __________4. Anything which has market value and can be exchanged for money is termed as __________5. Adam Smith defines Economics as __________6. Scarcity oriented definition of economics was given by __________7. Wealth oriented definition of economics was given by __________8. Kautilya authored the Indian Political treatise called __________9. Paul Samuelson referred economics as __________10. Psychology, Sociology, Political Science are the examples of __________11. Kautilya is also known by the name __________12. The term microeconomics and macroeconomics was coined by __________

Answer»

1. Utility

2. Physical transfer

3. Contractual Income

4. Wealth

5. Science of wealth

6. Lionel Robbins

7. Alfred Marshall

8. the ‘Arthashastra’

9. “Queen of Social Science”

10. Social Science/Abstract Science

11. Chanakya or Vishnugupta

12. Sir Ragnar Frisch



Discussion

No Comment Found