Introduction to Macroeconomics

Which of the following studies economics as a whole?

• Microeconomics

• Macroeconomics

• both Micro and Macroeconomics

Which of the following is studied in Macroeconomics?

• Individual income

• individual savings

• individual output

• general price level

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

• Microeconomics

• Macroeconomics

• Both Micro and Macro economics

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

• Development Economics

• Monetary Economics

• Public Finance

• Trade Cycle Theory

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

• National Income Accounting

• Business cycle

• Laws of demand and supply

• General price level

Which of the following is a subject matter of Macroeconomics?

• Studies Employment & Unemployment

• Determination of National Income

• Promotes Economic Growth & Development

• All of the above options

Which of the following helps to develop & expand the microeconomics theories?

• Macroeconomics

• Keynes

• Theory of Income

• Adam Smith

Which of the following is not concerned with Macroeconomics?

• National Income Accounting

• Inflation

• International Trade

• Individual Firm

The Federal Reserve's two primary goals DO NOT include

• maximum sustainable employment

• stable inflation

• diversification of the economy

One measure of the economy macroeconomists pay attention to to study the pace of growth in the economy is

• supply

• inflation

• demand

• equilibrium price