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INTRODUCTION TO MACROECONOMICS

Authored by ZAHRA KAZI

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University

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INTRODUCTION TO MACROECONOMICS
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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following studies economics as a whole?

Microeconomics

Macroeconomics

Both Microeconomics & Macroeconomics

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following deals with Macroeconomics ?

Individual income

Individual output

Individual savings

General price level

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following studies the problems of economics at individual levels?

Microeconomics

Macroeconomics

Both Microeconomics & Macroeconomics

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which branch of macroeconomics specifically focuses on the problems of developing economies?

Development Economics

Public Finance

Monetary Economics

Trade Cycle Theory

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is the major assumption of the classical school of economics?

Lack of aggregate demand causes involuntary unemployment

Govt's fiscal operations can reduce unemployment

Unemployment & inflation can exist together

Economy will be in full employment in the long run

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is not the subject matter of macroeconomics?

National Income Accounting

Laws of demand and supply

Business cycle

General price level

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a subject matter of Macroeconomics?

Studies Employment & Unemployment

Promotes Economic Growth & Development

Determination of National Income

All of the above options

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