Macroeconomic MCQs
(1) For the consumption of fixed capital which term is used in economics…..
a) Production flow
b) Deprecition
c) Investment
d) Value added
e) Domestic value
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]B[/su_spoiler]
(2) Main three Approches to measure economic activity….
a) Private,International & Public
b) Business, Pulic & International
c) Cost, Income & Expenses
d) Product,Income & Expenditures
e) Public, Product & Income
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]D[/su_spoiler]
(3) In which year great depression hit the US…..
a) 1928
b) 1949
c) 1929
d) 1935
e) 2001
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]C[/su_spoiler]
(4) What is the difference between Net value and Gross value……
a) Production flow
b) Depreciation
c) Investment
d) Domestic value
e) None of these
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]B[/su_spoiler]
(5) All decisions taken by in planed economy…..
a) Shareholder
b) Consumers
c) Voters
d) Workers
e) Government
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]E[/su_spoiler]
(6) Macroeconomics deals with 4 major factor…..
a) Government, Free-market, External sector & regulations
b) Households, External sector, government, and demand-supply
c) Households, firms, government and external sector
d) Firms, government, free-market, and regulations
e) A and B
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]C[/su_spoiler]
(7) Study of macroeconomics deals with…..
a) Behaviour of firms
b) Behaviour of industry
c) Microeconomics aggregates
d) Macroeconomics Aggregates
e) Behaviour of individual units
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]D[/su_spoiler]
(8) Which Gross National Product minus the depreciation…..
a) Net domestic product
b) Net national product
c) Gross national product
d) Gross domestic product
e) None of these
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]B[/su_spoiler]
(9) The founding father of modern economics is……
a) F. Hayek
b) Samuelson
c) Adam Smith
d) John Maynard Keynes
e) None of these
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]C[/su_spoiler]
(10) The study of inflation is a part of…..
a) Macroeconomics
b) Microeconomics
c) Descriptive economics
d) Normative economics
e) All of these
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]A[/su_spoiler]
(11) The central problem in ecnomics is…..
a) Production
b) Allocation
c) Consumption
d) Development
e) Scarcity
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]E[/su_spoiler]
(12) Money have a major influence on…..
a) Interest rates
b) Inflation
c) Business cycles
d) A and B
e) A, B & C
[su_spoiler title=”Answer – Click Here:” class=”padding: -10px;”]E[/su_spoiler]
Read More MCQs on Macro-economics
- SET 1: Macroeconomic MCQs
- SET 2: Macroeconomic MCQs
- SET 3: Macroeconomic MCQs
- SET 4: Macroeconomic MCQs
- SET 5: Macroeconomic MCQs
Macro-economics More topics on T4Tutorials