CBSE Class 12 Economics Introduction to Macroeconomics Quiz 1

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CBSE › Class 12 › Economics › Introduction to Macroeconomics

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

A Macroeconomics B Microeconomics C Income and Employment Theory D Development economics

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

A Abundance B Convenience C Scarcity D None of these

3. Study of aggregates is known as _________

A Macroeconomics B Microeconomics C Price theory D Factor price determination

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

A Wealth of Nation B Political economy C The General Theory of Employment, Interest and Money D None of these

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

A 1930 B 1931 C 1936 D 1940

6. When did the great depression occur?

A 1929-30 B 1934-35 C 1938-39 D 1941-42

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

A Adam Smith B J.M.Keynes C Samuelson D Hicks

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

A Microeconomics B Price theory C Factor price determination D Macroeconomics

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Quiz 1

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