10 Questions
What are the main instruments of macroeconomics?
The main instruments of macroeconomics are aggregate demand and aggregate supply.
What is macroeconomics and what does it study?
Macroeconomics is the part of economic theory that studies the economy as a whole, such as national income, aggregate employment, general price level, aggregate consumption, aggregate investment, etc.
What are the sectors of the economy that macroeconomics focuses on?
The sectors of the economy that macroeconomics focuses on include the producer sector, household sector, government sector, and the rest of the world sector.
What is the structure of macroeconomics and what does it imply?
The structure of macroeconomics implies the study of different sectors of the economy, which may include the producer sector, household sector, government sector, and the rest of the world sector.
What is the role of the government sector in macroeconomics?
The government sector in macroeconomics is engaged in activities like taxation and subsidies, which have significant effects on the economy.
Which term is used to describe the part of economic theory that studies the economy as a whole?
Income Theory
Which sector in the structure of macroeconomics is involved in the consumption of goods and services?
Household sector
What is the main focus of macroeconomics?
National income and employment
What does the 'structure of macroeconomics' imply?
Study of different sectors of the economy
Which sector in the macroeconomic structure is engaged in activities like taxation and subsidies?
Government sector
Test your knowledge of macroeconomics concepts with this quiz covering CBSE NCERT solutions for Class 6, 7, 8, 9, 10, 11, and 1
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