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Class 12 Economics (Macro Economics) Chapter 1 Introduction Quiz 10 (12 MCQs)

Quiz Instructions

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1. Your garbage man is an example of
2. Virat Kohli is a good batsman as he has scored highest number of centuries in test cricket. The statement is .....
3. By directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Which famous economist most likely wrote this?
4. The addition to cost associated with additional unit of output is
5. An investigation in economics concerned with it is rather than what ought to be?
6. Example of stock
7. It studies the actions of individual consumers and firms
8. Circular flow is of ..... types
9. The problem of "what to produce" relates to:
10. Secondary sector includes activities related to
11. Consumption function and investment function are the important aspect of which theory?
12. Producers and consumers take economic decision by ..... principle.
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