Economics (M.Phil./Ph.D.) 2018 Panjab University Entrance Exam With Answers

Practice Mode:
2.

Identify the correct statement:

A: In deductive method, logic proceeds from particular to the general.
B: Micro and Macro Economics are interdependent.
C: In a capitalist economy, the economic problems are solved by Planning Commission
D: Higher the prices, lower is the quantity demanded of a product is a normative statement.

The answer is: B

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