Macro Economics MCQ
Macro Economics MCQ Meaning :- Macroeconomics is the branch of economics that deals with the structure, performance, behavior, and decision-making of the whole, or aggregate, economy. The two main areas of macroeconomic research are long-term economic growth and shorter-term business cycles.
11. Green accounting accounts for
A. Depletion of natural resources
B. Costs of environmental degradation
C. Pollution
D. All of the above
Answer:d
12. Quantity of money according to classical theory will determine the
A Saving and investment
B National output
C Real wage
D. Price level
Answer:d
13. Under Keynesian cross model , rate of interest is
A. Endogenous variable
B. Exogenous variable
C. Exponential variable
D. None of the above
Answer:b
14. Wage price flexibility is the contribution of which of the following economist?
A. J B Say
B . J M Keynes
C. J S Mill
D. A C Pigou
Answer:d
15. According to Keynes what causes changes in inducement to invest by entrepreneurs?
A. MPC and MEI
B. MEC and MPS
C. MEC and rate of interest
D. MPC and rate of interest
Answer:c
16. The deficiency of aggregate demand during depression period leads to
A. Seasonal unemployment
B. Voluntary unemployment
C:Involuntary unemployment
D: Frictional unemployment
Answer:c
17. In Keynesian model of income determination autonomous investment occurs due to
A. Change in income
B. Change in employment
C. Change in profit
D. Change in social welfare programmes
Answer:d
18. Early Keynesian economists’ view is
A. Money alone matters
B. Money does not matters
C. Money partly matters
D. None of the above
Answer:b
19. Which among the following is not a tool of fiscal policy
A.Government expenditure
B. Taxation
C. Transfer payments
D. Bank rate
Answer:d
20. The formula for calculating simple multiplier is
A.1/1-MPC
B. 1/MPC=MPS
C. 1/1-MPS
D. 1/MPC+MPS
Answer:a
Read Also
