Maximum mark- 10 Question 1) The 'Great Depression' started in the year Answers Option 1 1829 Option 2 1929 Option 3 1776 Option 4 1936 Question 2) 'The General Theory of Employment, Interest and Money' is the book written by Answers Option 1 J.M Keynes Option 2 J.S Mill Option 3 J.B Say Option 4 Ragnar Frisch Question 3) Terms Micro Economics and Macro Economics were coined by Answers Option 1 Adam Smith Option 2 Alfred Marshal Option 3 Ragnar Frisch Option 4 J.M Keynes Question 4) The book 'The General Theory of Employment, Interest and Money' was published in the year Answers Option 1 1836 Option 2 1936 Option 3 1929 Option 4 1930 Question 5) Household Sector, Firm, Government Sector, and Answers Option 1 Investment Sector Option 2 External Sector Option 3 Macro Economics Option 4 Production sector Question 6) Who is the father of modern macro economics ? Answers Option 1 Adam Smith Option 2 J.M Keynes Option 3 Alfred Marshal Option 4 J.B Say Question 7) Macro Economics is also known by the name Answers Option 1 Price Theory Option 2 Theory of Income and Employment Option 3 Theory of cost Option 4 Demand Theory Question 8) The term 'invisible hand' was the contribution of Answers Option 1 Alfred Marshal Option 2 Adam Smith Option 3 J.M Keynes Option 4 P.A Samuelson Question 9) An economy which has economic relations with other countries of the world is called Answers Option 1 Macro Economics Option 2 Micro Economics Option 3 Open Economy Option 4 Closed Economy Question 10) ' Supply creates its own demand ' is related with Answers Option 1 J.S Mill Option 2 J.R Hicks Option 3 J.M Keynes Option 4 J.B Say Enable JavaScript
