Scarcity definition of economics was given by
Adam Smith
Alfred Marshall
Robbins
Samuelson
Macro economics gives importance to
Price theory
Profit and loss
Welfare
National Income
Micro economics is also called
Economic theory
Demand theory
Supply theory
Economic problem arises in
Scarcity
Poor economies
Rich economies
Capital economy
The welfare definition of economics was given by
Adam smith
Keynes
Economic problem arises because of
Abundance of resources
Scarcity of resources
Alternative use of resources
Not using resources
Wealth of Nations is written by
If priority is given to consumer goods production, the economic growth of the country will be
brightened
slowed down
darkened
unchanged
Economics is a science that deals with
Wealth
Individual welfare
Choice
All the above
Who has remarked 'Economics is what economist does'?
Jacob Viner
