The expenses which raise productive capacity are known as investment expenditure.
Answer: A
True
Capital, land, labour, and entrepreneur are the factors of production.
Answer: A
True
The mother of all economic problems is _________
Answer: A
scarcity
Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?
Answer: D
(D) Macroeconomics
Who is known as the father of modern macroeconomics?
Answer: B
(B) J. M. Keynes