Question : Human wants differ in ________.

Option 1: Priorities

Option 2: Wants

Option 3: Intensity

Option 4: None of these

Question : Reason/s of economic problem is/are _______

Option 1: Scaricity of resources

Option 2: Unlimited human wants

Option 3: Alternative uses

Option 4: All of the above

Question : The basic economic problem confronting all societies is how to allocate scarce resources between

Option 1: Alternative uses

Option 2: Rich and poor

Option 3: Agricultural sector and industrial sector

Option 4: None of the above

Question : Economic problem is a problem of ________.

Option 1: Choice

Option 2: Scarcity

Option 3: Unlimited resources

Option 4: Alternative uses

Question : Which of the following claims regarding human capital is accurate?

Option 1: Human resources and human capital are related to each other
 

Option 2: Human development and human capital are related to each other

Option 3: Both a and b are correct

Option 4: Both a and b are incorrect