To whom do you attribute the 'growth' definition of economics?
A) Paul Samuelson
B) Lionel Robbins
C) Milton Friedman
D) Alfred Marshall
Correct Answer:
Verified
Q15: Which aspect of taxation involves normative economics?
A)The
Q16: Microeconomics deals primarily with:
A)Comparative statics, general equilibrium
Q17: The word micro was first used in
Q18: A function refers to :
A)The demand for
Q19: The validity of an economic theory is
Q20: The subject matter of economics is the
Q22: The first economist who coined the terms
Q23: Microeconomics deals with:
A)The theory of factor pricing
B)The
Q24: Prof. Robbin's definition of Economics is:
A)Scarcity definition
B)Growth
Q25: A theory is:
A)An assumption
B)A validated hypothesis
C)An 'if
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