1. The important features of Marshallâ??s definition:____

A) Economics studies only the ordinary business of life
B) Economics is a marketable science
C) Economics studies only requisites
D) All of above



2. Rational decision making requires that-

A) One's choices be consistent with one's goals
B) Ones's choices be arrived at logically and without error
C) Ones's choices never vary
D) one makes choices that do not involve trade-offs



3. Who expressed the view that � Economics is neutral between end�?

A) Robbins
B) Marshall
C) Pigou
D) Rahul Gandhi



4. A. C. Pigou published his book�___�

A) An Enquiry into the Nature and Cause of the wealth of Nations
B) The Economics of welfare
C) Principles of Economics
D) An Enquiry into Principles of Economics



5. As per___, â??Economics is the science, which studies human behaviours as a relationship between ends and scarce means which have alternative uses.â?

A) Adam Smith
B) A. C. Pigou
C) Lionel Robbins
D) J. N. Keynes