The word economics derives from an early Greek term that means management of a:

Related MCQs

• The ancient Greek philosopher who tried to analyze isolated (one-on-one) exchange because markets with standardized products were relatively rare during his era was:
• The first comprehensive work on economics written in English was authored by Adam Smith in 1776 and entitled “An Inquiry into the Nature and Causes of the:
• Neoclassical economics views
• The mew classical economics is based on
• Amartya Sen was awarded Nobel Prize in Economics for his contribution to
• The most prominent representative of supply side economics was :
• Medieval scholastics, early Islamic thinkers, and Aristotle all agreed that:
• What early philosopher described this type of developmental cycle: people move from a rural, nomadic society with little economic surplus to an agricultural society with greater economic surplus and population growth?:
• Management of the economy via extensive regulations and laws specified by the national government is most consistent with:
• The welfare of all means: