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Choose the correct option : Statements related to wealth a) Wealth means anything which has market value and can be exchanged for money. b) It is external to human being - Economics

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Question

Choose the correct option :

Statements related to wealth 

a) Wealth means anything which has market value and can be exchanged for money.

b) It is external to human being.

c) Wealth has no utility.

d) Wealth is scarce and exchangeable

Options

  • a, b and d

  • a, c and d

  • b, c and d

  • none of the above

MCQ
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Solution

a, b and d

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Chapter 1: Basic Concepts in Economics - Exercise Q.1 [Page 8]

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Balbharati Economics [English] Standard 11 Maharashtra State Board
Chapter 1 Basic Concepts in Economics
Exercise Q.1 | Q 4 | Page 8
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