Macro PYQ — Page 11

Who is the author of "The General Theory of Employment, Interest and Money"?

Graphically, Aggregate Demand (AD) function can be obtained by vertically adding the ________ and ________.

Consider the following statement related to investment: (A) The common notion is that investment is using money to buy physical or financial assets. (B) From an economist's view, investment is capital formation. (C) While measuring the final output, the portion which comprises capital goods, is the Gross Investment of an Economy. (D) The common and economic view regarding investment does not make any difference. It is the same. Choose the correct answer from the options given below: 1. (A), (B) and (C) only 2. (A), (B) and (D) only 3. (A), (B), (C) and (D) 4. (B), (C) and (D) only

Aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. Which of the following is not the assumptions behind this principle?

If the government changes transfer payments ($\overline{TR}$), autonomous spending ($A$) will change by?

If a British resident wants to visit India on a vacation he will have to pay in ......

Money deposited in the banks are considered ______________ of the banks.

$C = 120 + 0.5Y$ $I = 20$ What is the equilibrium income?

Quantitative instruments of monetary policy focus on : (A) Quantity of money across selected sectors of the economy. (B) Overall supply of money in the economy. (C) Credit creation capacity of commercial banks. (D) Inflationary and deflationary gaps in the economy. Choose the correct answer from the options given below:

From the following find the statements related to GDP and the welfare of the economy (A) The domestic services that women perform at home are considered in the calculation of GDP. (B) Harmful effects caused due to carbon emissions from factory production are not counted as GDP. (C) The rise in GDP may be concentrated in the hands of very few individuals or firms. (D) Higher levels of GDP always ensure higher welfare. Choose the correct answer from the options given below:

When is Demonetisation, a new initiative was taken by the Government of India?

Among the following what are the functions of money? (A). Medium of exchange. (B). Unit of account. (C). Unit of purchasing power. (D). Store of value. Choose the correct answer from the options given below:

The decision of an individual economic agent is the study of ...................... ?

Match List-I with List-II | List-I | List-II | |---|---| | (A) An enquiry into the nature and cause of the wealth of nations | (I) 1919 | | (B) The Economic Consequences of the Peace | (II) 1929 | | (C) General Theory of Employment, Interest and Money | (III) 1776 | | (D) The Great Depression | (IV) 1936 | Choose the correct answer from the options given below:

Level of employment is determined by which of the following?

The cause of the above situation is?

Which of the following is not an autonomous transaction of the balance of payments?

Assume that the marginal propensity to consume is 0.8. The tax multiplier will then be ............... ?

From the given table, identify the level of income, where Average Propensity to Save (APS) becomes zero:

Arrange the following statements in chronological order in respect to the increase in the proportion of income people save. (A) Marginal propensity to consume decreases. (B) The level of income decreases. (C) The amount of savings remains the same. (D) The aggregate demand curve shifts downwards. Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (A), (D), (B), (C)

Machines produced in an economy in a given year are a part of ................

Which of the following does not lead to fall in Aggregate Demand?

Ex-post is depicted by which of the following ........

In case of an underemployment equilibrium, which of the following alternative is not true?