Central Problems of An Economy MCQ

Below Central Problems of An Economy quiz are Multiple Choice Questions (MCQs) type Quiz. These Central Problems of An Economy MCQ Questions helps you to refresh your Central Problems of An Economy, you can see the correct option by clicking on it. .
  • 1. An economy succeeds in producing resources efficiently when

    • Goods and services are produced without resources being wasted.
    • The total number of goods manufactured is high.
    • The resources employe are the best
    • The resources employed for highly valued uses.
  • 2. Which branch of economic theory is associated with the difficulty of resources allocation

    • Econometrics.
    • Micro-economic theory
    • Macro-economic theory
    • None of the above