Fill In The Blanks: 1. The word ‘Economics’ originates from the greek root words ______ & _____

Question

Fill In The Blanks:

1. The word ‘Economics’ originates from the greek root words __ & _____

2. The basic economic problems of every individual is __ & __

3. The activities that generate income are _____

4. Micro economics is the study of __ units.

5. Macro economics is the study of __ units

Answer 1

1. Oikos , nomos

2. Scarcity & Choice

3. Economic activities

4. Small

5. Large