CBSE Questions for Class 12 Commerce Economics Introduction To Macroeconomics Quiz 2 - MCQExams.com

What is the positive result of investment expenditure?
  • Investment expenditure never leads to a positive result.
  • Increases costs of a company or government
  • Increases price of products
  • Improves productive capacity
_______ deals with the study of the whole society's economic problem.
  • Microeconomics
  • Macroeconomics
  • Labour economics
  • Industrial economics
______ studies the problem of inflation in the country.
  • Microeconomics
  • Macroeconomics
  • Static economics
  • Industrial economics
Micro economics is a _________ equilibrium analysis.
  • General
  • Partial
  • Semi-partial
  • Aggregate
Macroeconomics follows ______ equilibrium.
  • partial
  • semi partial
  • decentralised
  • general
_______ can study the problem of economic growth.
  • Microeconomics
  • Macroeconomics
  • Static economics
  • Dynamic economics
In macroeconomics, concentration is given on specific unit.
  • True
  • False
Macroeconomics is known as income analysis.
  • True
  • False
National income is subject matter of ______ economics.
  • micro
  • macro
  • managerial
  • business
Macroeconomics is first and foremost a policy science.
  • True
  • False
_________ supported the principle of balance budget.
  • Adam Smith
  • Ricardo
  • Alfred Marchall
  • keynes
All of the following, except _______, are subject matter of macro economics.
  • determination of national income
  • economic growth
  • inflation
  • price equilibrium analysis
The theory of income determination is the core of macroeconomics.
  • True
  • False
Pick the odd one out.
  • Aggregate demand
  • Inflation
  • Demand and suppply
  • National Income
The phenomena of increasing prices is called ______.
  • deflation
  • stagnation
  • inflation
  • hyperinflation
Marco economics is a ________ equilibrium analysis.
  • general
  • partial
  • semi-partial
  • aggregate
The book General Theory of Employment Interest and Money was written by _________.
  • David Ricardo
  • Adam Smith
  • J.M. Keynes
  • Alfred Marshall
Macroeconomics focuses on the behavior of the economic agents such as the consumer, a business firm, or a specific market.
  • True
  • False
Which of the following is a part of the subject matter of macro economics?
  • Study of firms
  • Aggregate profits of a firm
  • Market demand for a product
  • Net national product
Economics dealing with aggregate demand and aggregate supply is _______.
  • Microeconomics
  • Macroeconomics
  • Both
  • None
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