The credit of development of macroeconomic approach must go to ________.
A) Dr. Marshall
B) Prof. Pigou
C) Lord Keynes
D) Mrs. Joan Robinson)
Correct Answer:
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Q6: What are Capital goods?
A)Goods used for consumption
Q7: Intermediate goods are not included to calculate
Q8: What does the term Gross investment mean
Q9: What does the term free-market denote in
Q10: _economics can study the problem of Inflation
Q12: Macroeconomics does not study _.
A)whole economy
B)national income
C)aggregate
Q13: _ is the subject matter of Macroeconomics.
A)Growth
Q14: Micro and Macro approaches are _.
A)Competitive
B)Alternative
C)Substitutes
D)Complementary
Q15: What do you mean by a mixed
Q16: "Capitalism" refers to?
A)The use of market
B)Government ownership
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