Introduction CBSE Questions & Answers

Economic activity which is concerned with production of capital goods for further production of goods and services

Which of the following is a social activity

Inter-sectoral comparison means

______ is the root of all economic problems

Economics that deal with economic issues related to units like a household, a firm or an industry

_____ is the systematic body of knowledge

Whether the statistics are collected for the purpose of knowing their economic position or distribution of land among them or their total population or for any other purpose all these objectives are

In which stage of statistical methods averages , dispersion and correlation are drawn

Following are the drawback of statistics except

Which of the following statement is incorrect

Which is the third stage of statistical study

Which limitation of statistics is highlighted in the below example In cloth business profit earned in three years is Rs.1000, Rs.2000 and Rs.3000 and in paper business profits profit earned is Rs.3000, Rs.2000 and Rs.1000. Both businesses earring same average profit Rs.2000 that shows both have same economic status. But actually cloth business is making profit and paper business is declining

Microeconomics studies

Inter-temporal comparison means

Following are the factor of production except