The supply of various goods and services is possible in any country through the business activities or productive activities of the
Investor
Supplier
Consumer
Producer
Agricultural productivity can be improved through
Factors of production
Income opportunities
Organising business activities
Industrialization
The maximum social welfare is the sole objective of
Socialism
Capitalism
Mixed economy
All the above
The definition given by Robbins has taken an entirely static view of the
Scarcity Problem
Distribution
Problem of choice
Causes of wealth
Economic transactions between the consumers and the producers allows _____________in an economy.
Increase
Decrease
Both A & B
Constant
Free economy is also called
Planned economy
Unplanned economy
Open economy
Complex economy
In the absence of a ________,the private businessmen and entrepreneurs have a tendency to exploit common masses and to earn more profits.
Monetary Policy
Fiscal Policy
Tariff Policy
Price Policy
Who is considered to be the father of Economics?
Pigou
Keynes
Adam Smith
Robbin
The main and the fundamental aim of Economics is to promote
Wealth
Human Welfare
Economic Welfare
Production
The organizational modifications can be accomplished only by the
Private sector
Public sector
Government
None of these