Q. The branch of Economics that deals with economic aggregate is called:
✅ Correct Answer: (C)
macro economics
Basics of Economics MCQs and Notes
Q. ‘The General Theory’, was published in :
✅ Correct Answer: (C)
1936
Q. Author of the book ‘The General Theory of Employment, Interest and Money’:
✅ Correct Answer: (C)
j.m. keynes
Q. J.B. Say was a ---------------Economist.
✅ Correct Answer: (C)
french
Q. Temporary unemployment is -------------, according to the Classical economists:
✅ Correct Answer: (C)
possible
Q. The equilibrium price is determined by the forces of:
✅ Correct Answer: (C)
both demand and supply
Q. Self interest, competition, profit motive are the features of:
✅ Correct Answer: (B)
capitalism
Q. Equilibrium in the economy is settled by ---------, according to the Classicals.
✅ Correct Answer: (B)
price mechanism