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National Income

National Income

Assessment

Flashcard

Education

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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17 questions

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1.

FLASHCARD QUESTION

Front

Who is the father of Economics?

Back

Adamsmith

2.

FLASHCARD QUESTION

Front

Who is the father of modern macro economics?

Back

J.M. Keynes

3.

FLASHCARD QUESTION

Front

Macro economics deals with

Back

Aggregates

4.

FLASHCARD QUESTION

Front

Final goods are used by the: Consumers, producers, government, all of these

Back

all of these

5.

FLASHCARD QUESTION

Front

If a car is purchased by a taxi-driver, it will be regarded as a: capital good, intermediate good, final good, Both (a) and (c)

Back

Both (a) and (c)

6.

FLASHCARD QUESTION

Front

classification of goods depend on the :
consumption goods, production goods, first -use of goods, end-use of goods

Back

end-use of goods

7.

FLASHCARD QUESTION

Front

T.V., Radio, Washing machines are examples of

Back

Durable consumer goods

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