Q1. Multiple choice questions:- 1. Economic problem arises due to the fact that: i. resources are scarce ii. Human wants are unli iii. Resources have alternative uses iv. All of these 2. The aggregate of data is called: i. Statistics ii. Editing of data iii. Analysis of data iv. Collection of data 3. Which of the following is an economic activity? i. Production ii. Consumption iv. All of these :: Distribution
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2
Answer:
1- option 4
2- option 2
3 - option 4
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7
Answer:
1) All of these
2) Statistics
3)All of these
Explanation:
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