“Economics is the study of causes of material welfare” was defined by___________________?

Related Mcqs:

A market in which products households sell and firms buy resources or the services of resources is__________________?

A. Resource market B. Product market C. Consumer market D. Producer market...

In ___________________ we avoid value judgments and focus on facts?

A. Positive economics B. Normative economics C. Theoretical economics D. factual economics...

Situation in which govt. intervention in an economy worsens outcomes__________________?

A. Govt. failure B. Market perfection C. Govt. inefficiency D. None...

An accounting item which decreases the value of an asset___________________?

A. Debit B. Credit C. Depreciation D. None...

Gradual pay off a loan principle ?

A. Autarchy B. Hierarchically C. Amortization D. AID...