Macroeconomics Quiz

The main focus of macroeconomics is the performance, structure, behavior, and decision-making of an economy as a whole.

Some of the topics studied in macroeconomics include output/GDP, national income, unemployment, price indices and inflation, consumption, saving, investment, energy, international trade, and international finance.

Macroeconomics focuses on the economy as a whole, while microeconomics focuses on individual markets.

<p>Macroeconomists refer to large-scale phenomena as aggregate variables.</p> Signup and view all the answers

<p>The main focus of analysis in microeconomics is often a single market, such as analyzing changes in supply or demand for price increases.</p> Signup and view all the answers

<p>An arrangement between a government owned entity and a private sector entity for the provision of public assets and/or services, where the private sector entity makes investments or undertakes management for a specified period of time, with well-defined risk allocation and performance-linked payments.</p> Signup and view all the answers

<p>User-fee based BOT model, Performance based management/maintenance contracts, and Modified design-build (turnkey) contracts.</p> Signup and view all the answers

<p>An arrangement between a public entity and a private sector entity, where the private sector entity invests or manages public assets or services for a specified period of time, with defined risk allocation and performance standards.</p> Signup and view all the answers

<p>There are hundreds of PPP projects in various stages of implementation.</p> Signup and view all the answers

<p>The duration of a PPP project is specified and agreed upon between the public entity and the private sector entity.</p> Signup and view all the answers