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.
91) A significant increase in public expenditure lead to:
A Right ward shift in LM curve
B right ward shift in IS curve
C left ward shift in LM curve
D Left ward shift in IS curve
Answer:b
92) Multiplayer is the ratio of
A change in income to change in investment
B change in investment to change in income
C change in income to change in interest
D None of the above
Answer:a
93 ) In a closed economy, aggregate demand is the sum of
A) consumer expenditure, actual investment spending, and government spending.
B) consumer expenditure, planned investment spending, and government spending.
C) consumer expenditure, actual investment spending, government spending, and net exports.
D) consumer expenditure, planned investment spending, government spending, and net exports.
Answer:b
94)) Keynes assumed that the price level was fixed because
A) inflation was not a serious problem during the Great Depression.
B) his primary focus was on output and employment.
C) his primary focus was on interest rates and investment spending.
D) of both (a) and (b) of the above.
Answer:d
95) Accelartor theory of investment is the ratio of:
A) change in income to change investment
B) change in investment to change in income
C) change in income to change in interest
D) None of the above
Answer.:b
96) IS curve represent the combination of:
A combination of income and interest
B Combination of price and out put
C combination of interest and investment
D None of the above
Answer:a
97) LM curve represents the combination of ;
A price and out put
B Demand for money and supply of money
C income and investmen
D. Money supply and nvestment
Answer:b
98) Effective demand is where ;
A aggregate demand is equal to aggregate supply
B Demand for money is equal to supply of money
C saving is equal to supply
D None of the above
Answer:a
99) according to Keynesian theory: statement 1: price are sticky statement 2: after full employment change in aggregate demand lead to istatements
A Only statement 1 is correct
B only statement 2 are correct
C both are correct
D None of the above are correct
Answer:c
100) speculative demand for money is a function of
A income
B interest
C prince
D investment
Answer:b
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