Macro Economics Terms and Concepts
Macro Economics Terms and Concepts: Overview
This topic covers concepts associated with macroeconomics terms like sectoral contribution to the Indian economy, mixed-income, national income, GDP at market price and factor cost, etc.
Important Questions on Macro Economics Terms and Concepts
Production Possibilities curve is also known as _____.
The rule gives subsidies in different sectors. Which of the following are the results of subsidies?
1. it raises inflation
2. it improves the financial deficit
3. it reduces export competitiveness
Select the right solution practicing the codes given below.
Consider the following statements and identify the right ones.
i. Government can reduce indirect taxes to control inflation
ii. There is trade-off between growth and inflation in India
Capital market line reflects attitude of investors towards risk which is considered as:
Money required for the purchase of stores, payment of wages etc is known as _____?
Oligopoly means _____in market structure.
Which of these following advantages of expansion?
Which amongst the following can result in 'demand-pull inflation?
1. rise into subsidy on LPG
2. rise in fuel prices
3. decrease in to pay tax rates
Choose the correct solution utilizing the codes given below.
Monopoly in the commodity market means -
A market structure with large number of firms selling homogeneous product is known as:
Which one of the following pairs is correctly matched?
Which statement is true about law of demand?
Which of the following is an effect of inflation?
Low rural wage growth in India leads to
1. Lowering of the inflation rate.
2. Further monetary policy easing.
3. Financial repression on the liability side in the banking sector.
Select the correct options.
In case of Straight Line demand curve meeting two axes, the Price Elasticity of demand at the midpoint would be
____________ have an important place in the distribution and promotion of products in villages.
Consider the following statements and identify the right ones.
i. For measuring overall inflation in the economy, CPI is used.
ii. WPI was first published in 1942 for 23 commodities
Which among the following is not the objective of a capital budgeting?
According to Theodore Levitt, who drew a perceptive contrast between the selling and marketing concepts, _____ is preoccupied with the need to convert to products into cash.
Principle of Equi-Marginal Return is applied when:
