microeconomics class 11

Economics is the study of mankind in the ordinary business of life was given by ————-

The branch of economic theory that deals with the problem of allocation of resources is ————-

Capitalistic economy uses ———–as principal means of allocating resources.

A study of how increase in the corporate income tax rate will affect the natural unemployment rate is an example of ——————

If a point falls inside the production possibility curve, What does it indicate?

In which type of economy do consumers and producers make their choice based on the market forces of demand and supply ?

Under a free economy , prices are ————

Which of the following falls under micro economics?

In a free market economy, when consumers increase their purchase of a good  and the level of ————exceeds ———-the prices tend to rise.

Under inductive method, the logic proceeds from——-

According to Robbins, “Means” are ———–

Which of these would  cause a rightward shift of the PPC curve?

If the opportunity cost is constant, the PPC would be ———-

Economics is the study of ————–

Mixed economy means ——————-

Who defines Economics in terms of Dynamic growth and development?

A free market economy solves its central problems through ————–

Normative aspect of Economics is given by —————-

Which one is not the characteristic of capitalistic economy?

Mixed economy means —————

Economic problems arises when ————-

Micro economics is also known as ————-

A developed economy uses ————- technique in production.

What will be the shape of PPC curve when marginal opportunity cost is constant?

Which one is the feature of Marshall’s definition?

Which one in the following is not correct:

Micro economics is concerned with ————-

Who give the positive aspect of science?

Mixed economy means ————-

Which of these is a part of micro economics?