15+ Economics Objective Type Questions and Answers - 1

Question: 1

Who gave the comprehensive definition of economics?

Samuelson

Question: 2

How many kinds of factors of production are in economics?

Four

Question: 3

Who have the systematic science of economics?

Adam Smith

Question: 4

Did Alfred Marshall agree the economics studies about wealth?

Yes

Question: 5

What is the other name of social wealth?

Collective wealth