15+ Economics Objective Type Questions and Answers - 3

Question: 11

Which is the greatest demerit of wealth definition of economics?

Over emphasis on wealth

Question: 12

What deals with all kinds of human behaviour?

Psychology

Question: 13

According to Alfred Marshall which side of economic analysis is more important?

Study of man

Question: 14

Can we satisfy our wants without making efforts?

No

Question: 15

Give two examples for free goods?

Air and Sunlight