5 Questions
Which sector is responsible for consuming the goods and services produced in the economy according to the macroeconomic point of view?
Household sector
What is the primary focus of macroeconomics?
Production of goods and services
What are the important features of a capitalist economy?
Ownership of resources by private individuals
In macroeconomics, which sector is responsible for framing laws and regulating policies that affect the economy and the people?
Government sector
What is the focus of microeconomics?
Individual consumer behavior
Test your understanding of the introduction to Macroeconomics with this quiz on NCERT Solutions for Class 12 Macro Economics Chapter 1. This resource provides helpful solutions collated by subject matter experts for CBSE Class 12 Economics Board examinations.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
