The act of making goods and services is called ____________.
Distribution
Consumption
Production
None of these
____________ helps in condensing mass data into a numerical measures.
Economics
Marketing
Statistics
Full form of GDP.
Gross Domestic Price
Gross Demand Price
Gross Domestic Product
Gross Development Price
In the _____________ sense, statistics means numerical facts systematically collected.
Singular
Plural
Both 1 & 2
_____________ is a person or organization that produce goods or services for sale.
Producer
Consumer
Seller
The ___________ is the one who consumes the goods and services produced.
Purchase of goods by consumers to satisfy their various needs is ____________.
The word statistics is used in ___________ distinct senses.
Two
Three
Four
___________ finds economic relationships using data and verifies them.
Market
Economic facts are known as ___________.
Policy
Data
Information