Self Studies
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  • Question 1
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    A production possibility curve presents valuable information about production. Which of the following statements describes the information best?

  • Question 2
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    The norms of behaviours which satisfy the requirements of social rationality of economic activity are established by ________.

  • Question 3
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    Point inside the production possibility curve represents _________.

  • Question 4
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    PPC shifts to left because of _____________.

  • Question 5
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    Which of the following is an important message that a production possibility curve conveys about an economy?

  • Question 6
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    If there is a natural calamity, what will happen to PPF?

  • Question 7
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    A statement which does not offer any suggestion is known as ____________.

  • Question 8
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    Multiple choice question:

    In which of the following situations, does scarcity arise?

  • Question 9
    1 / -0

    Use the figure given to answer question:
    Which combination of goods cannot be produced with the resources the country has?

  • Question 10
    1 / -0

    Whose definition studies normative aspect of economics?

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