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1.

Macroeconomics is study of:A. (a) Consumption behaviour of all members of a family.B. (b) Sum of all consumers of a good.C. (c) Sum of all consumers of all goods.D. (d) All the above

Answer» Correct Answer - c
2.

Which is macroeconomic variable?A. (a) UnemploymentB. (b) InflationC. (c) Income inequalitiesD. (d) All the above

Answer» Correct Answer - d
3.

Microeconomics is study of:A. (a) A producerB. (b) Production of a goodC. (c) An industryD. (d) All the above

Answer» Correct Answer - d
4.

Macroeconomics deals with:A. (a) Pricing of a productB. (b) Pricing of a factor of productionC. (c) General price levelD. (d) None of the above

Answer» Correct Answer - c
5.

Macroeconomics generalises :A. (a) How economic decisions are taken?B. (b) How economic decisions are taken by people?C. (c) How economic decisions are taken by the industry?D. (d) How economic decisions are taken by government?

Answer» Correct Answer - b
6.

Which one is Macroeconomics variable?A. (a) Foreign exchangeB. (b) Balance of paymentsC. (c) Exports and imports of a countryD. (d) None of the above

Answer» Correct Answer - c
7.

Macroeconomics deals with economic functions of:A. (a) Central bankB. (b) GovernmentC. (c) NITI AyogD. (d) all the above

Answer» Correct Answer - d
8.

Microeconomics deals with economic behaviour of:A. (a) Economic SystemB. (b) Economic entities that make up the systemC. (c) CountryD. (d) Regions of a country

Answer» Correct Answer - b