50+Economics Multiple Choice Questions and Answers Pdf - 2

Question: 6

Who advocated inductive method in scientific enquiry?

Francis Bacon

Question: 7

Whose definition of economics studies two sides?

Alfred Marshall

Question: 8

What is the other name for economics?

Political economy

Question: 9

What are the two kinds of income?

Money and Real income

Question: 10

What are the kinds of utility in production?

Form, Place and Time utility