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  • Question 1
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    One or more persons living together and having a common budget is called:

  • Question 2
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    Who gets how much in an economy is best described by which of the following central problems? 

  • Question 3
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    The positive economic analysis deals with the variables

  • Question 4
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    Microeconomics studies the behaviour of  

  • Question 5
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    The subject of a Microeconomic study is

  • Question 6
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    The normative economic analysis deals with the variables

  • Question 7
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    As they see Opportunity cost means  

  • Question 8
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    One or more persons living together and having a common budget is called:

  • Question 9
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    The problem of ‘How to produce ’is making a choice between

  • Question 10
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    What to produce also deal with what quantities to produce.

  • Question 11
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    Can there be an economy without economic problems  

  • Question 12
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    A movement along a PPC implies

  • Question 13
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    Increasing MOC mean

  • Question 14
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    Larger production of ___________ goods would lead to higher production in the future.

  • Question 15
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    The branch of economics dealing with the problem of allocation of resources is  

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