Who of the following emphasized the normative aspect of Economics as a science?
A) the english classical school
B) Lionel Robbins
C) the german historical school
D) none of these.
Correct Answer:
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Q6: Which of the following definitions of Economics
Q7: Which of the following embodies a more
Q8: The fundamental problem faced by an economy
Q9: Production possibilities curve does not show:
A)what to
Q10: State whether Economics is :
A)a positive science
Q12: Of the following economists who is considered
Q13: Which of the following statements has been
Q14: What is true for deductive method?
A)abstract
B)realistic
C)economic conditions
Q15: What is true for inductive method?
A)hypothetical
B)empirical
C)ignores experimentation
D)static
Q16: Find out the correct statement:
A)prediction of economic
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