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Class 12 Economics
Introduction To Macroeconomics
Quiz 1
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What is known as the study of individual units?
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Macroeconomics
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Microeconomics
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Income and Employment Theory
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Development economics
Explanation
Microeconomics
What is the main cause of all economic problems?
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Abundance
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Convenience
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Scarcity
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None of these
Explanation
Scarcity
Study of aggregates is known as _________
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Macroeconomics
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Microeconomics
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Price theory
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Factor price determination
Explanation
Macroeconomics
What is the name of the book written by J.M. Keynes?
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Wealth of Nation
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Political economy
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The General Theory of Employment, Interest and Money
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None of these
Explanation
The General Theory of Employment, Interest and Money
When was the famous book of Prof. Keynes published?
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1930
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1931
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1936
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1940
Explanation
1936
When did the great depression occur?
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1929-30
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1934-35
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1938-39
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1941-42
Explanation
1929-30
Who is known as the father of modern macroeconomics?
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Adam Smith
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J.M.Keynes
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Samuelson
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Hicks
Explanation
J. M. Keynes
Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?
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Microeconomics
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Price theory
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Factor price determination
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Macroeconomics
Explanation
Macroeconomics
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