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quiz 1 macro economics

Authored by Shweta Sharma

Arts

University

Used 39+ times

quiz 1 macro economics
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7 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A person who uses and buys goods and services 

money 
producer 
consumer 
economics 

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The value of all the final goods and services produced within a nation in a given year.

Gross Domestic Product
per capita GDP
Gross National Product

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An increase in the value of currency is called

appreciation
depreciation
trade surplus
exchange rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Net Domestic Product means 

Gross Domestic Product + Depreciation

Gross Domestic Product - Depreciation

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

National income at constant prices is known as

nominal income

real income

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

  how many  methods are there to measure national income? 

2

3

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

how many sectors are in the given picture?

2

3

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