CBSE  /  Class 12  /  Economics  /  Introduction to Macroeconomics

  • 1. 
    What is known as the study of individual units?

  • Macroeconomics
  • Microeconomics
  • Income and Employment Theory
  • Development economics

  • 2. 
    What is the main cause of all economic problems?

  • Abundance
  • Convenience
  • Scarcity
  • None of these

  • 3. 
    Study of aggregates is known as _________

  • Macroeconomics
  • Microeconomics
  • Price theory
  • Factor price determination

  • 4. 
    What is the name of the book written by J.M. Keynes?

  • Wealth of Nation
  • Political economy
  • The General Theory of Employment, Interest and Money
  • None of these

  • 5. 
    When was the famous book of Prof. Keynes published?

  • 1930
  • 1931
  • 1936
  • 1940

  • 6. 
    When did the great depression occur?

  • 1929-30
  • 1934-35
  • 1938-39
  • 1941-42

  • 7. 
    Who is known as the father of modern macroeconomics?

  • Adam Smith
  • J.M.Keynes
  • Samuelson
  • Hicks

  • 8. 
    Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

  • Microeconomics
  • Price theory
  • Factor price determination
  • Macroeconomics
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