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MACROECONOMICS Fill in the blanks

Total questions: 32

Worksheet time: 32mins

Name
Class
Date
1.

…………..tries to address situation facing the economy as a whole.



(a)  

2.

Macroeconomics has its deep roots in ………….

(a)  

3.

…………Policies are pursued by the state itself or statutory bodies like RBI, SEBI etc.

(a)  

4.

A part of the revenue is paid as …………for the service rendered by land.



(a)  

5.

…………..are defined at a particular point of time

(a)  

6.

……………is a stock variable.



(a)  

7.

The net contribution made by a firm is called its………

(a)  

8.

Value added method is the alternative name of



(a)  

9.

…………….will be called as firms.



(a)  

10.

Consumer Price Index is generally expressed in terms of ………….

(a)  

11.

Environmental Pollution is an example for …………..externalities

(a)  

12.

Economic exchanges without the use of money are referred to as ……….

(a)  

13.

…………….is the only institution which can issue currency in India.

(a)  

14.

…………issues coins in India

(a)  

15.

The principal motive for holding money is to carry out ………….



(a)  

16.

In a modern economy, money comprises cash and …………..



(a)  

17.

M1 and M2 are known as …………

(a)  

18.

cY shows the dependence of consumption on ………



(a)  

19.

Savings is that part of income that is ………..



(a)  

20.

……….is defined as addition to the stock of physical capital.

(a)  

21.

Í is a positive constant which represents the ……..investment in the economy.

(a)  

22.

Size of the multiplier depends on the value of …………



(a)  

23.

………..year runs from 1st April to 31st March in India.

(a)  

24.

Non paying users of public goods are known as ………….



(a)  

25.

Taxes imposed on goods imported into and exported out of India are called……….

(a)  

26.

The Government may spend an amount equal to the revenue it collects. This is known

as…………

(a)  

27.

Revenue deficit = Revenue expenditure minus ………….

(a)  

28.

…………is the record of trade in goods and services and transfer payments

(a)  

29.

………account records all international transactions of assets.

(a)  

30.

Errors and ………….are the third element of Balance of Payments.



(a)  

31.

An increase in the price of foreign currency in terms of domestic currency has increased

and this is called …………of domestic currency.

(a)  

32.

…………is a mixture of a flexible and fixed exchange rate system.

(a)