Author:

(A) The level of output of goods and services
(B) The general level of prices
(C) The growth of real output
(D) All of the above

(A Production of goods of mass consumption at lower
cost;
(B) Production of goods and services for those who
have purchasing power;
(C) Getting greatest satisfaction from available
resources ;
(D) Full employment of working force

(A) Attainable
(B) Unattainable
(C) Attainable with increase in production facilities
(D) None

(A) Demand and supply of factor inputs
(B) Demand and supply of goods;
(C) Relative prices and availability of factors of
production
(D) Government intervention

(A) Adam Smith
(B) Samulson
(C) Robertson
(D) JB Say

(A) Latin, small
(B) Greek, small
(C) English, tiny
(D) Roman, small

(A) Of non-uniformity of opinion and approach of
economist
(B) Economic behaviour of human being is
unpredictable
(C) Measuring rod of money is unstable
(D) All the three

(A) Adam Smith
(B) Professor A Samulson
(C) Alfred Marshall
(D) J R Hicks