Macro Economics Concepts MCQ
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Macro Economics Concepts MCQ
1. Macroeconomics as a separate branch came to be studied after the contributions of which
economist?
2. When did the Great Depression hit the United States?
3. Consider the following statements:
1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
4. Macroeconomics is a study of economics that deals with which 4 major factors:
5. What are consumption goods?
Also Read :-
6. What are Capital goods?
7. Intermediate goods are not included to calculate the final output because:
8. What does the term Gross investment mean while denoting a nation’s economy?
9. What does the term free-market denote in terms of economy?
10. ___________economics can study the problem of Inflation in the country.
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