Economic (M.Sc)

Q: father of political economy

(a) :  adam smith
(b) :  malthus
(c) :  marshall
(d) :  samulson
(e) :  None of the Above
Answer:  adam smith
Explanation:  

Q: Which of the following is generally regarded as the true index of economic growth?

(a) :  An increase in national income at constant prices during a year
(b) :  A sustained increase in real per capita income
(c) :  An increase in national income at current prices over time
(d) :  An increase in national income along with a corresponding incease in population
(e) :  None of the Above
Answer:  A sustained increase in real per capita income
Explanation:  

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