MCQ -MICROECONOMICS-I
Quiz by Renuka K PSGRKCW
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- Q1
. Positive Economics is concerned with
Principles
What is
What ought to be
Both(a) and (b)
30s - Q2
. EconomicStatic means
A motionless state
. Absence of state of balance
. . Functionalrelationship between any two variables over a period of time
. Functional relationship between any two variables at a point of time
30s - Q3
. EconomicDynamics deals with
A change in situation
. Economic data over a period of time
Input output relations
. Two equilibrium positions
30s - Q4
Normative Economics is based on
Facts
Moral values
number
Diagram
30s - Q5
Sociology is an example of ________ science
Positive
pure
normative
Hypotheticial
30s - Q6
The deductive method of economic theory was emphasized by
robbins
adamsmith
marshall
ricardo
30s - Q7
Inductive method implies
descending process
general to particular
particular to general
priori method
30s - Q8
Economic statics refers to the economics of -----------
direction
policies
stationary
economic system
30s - Q9
Sociology is called as--------
value
normative science
ethics
parent science
30s - Q10
Deductive method is also called as------------ method
concrete
Analytical
scientific
historical
30s