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Macroeconomics Test Questions
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Macroeconomics Test Questions
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25 Questions

1. The goods market is otherwise referred to as:
2. Fiscal Policy is a policy of the
3. The percentage of deposits of commercial banks statutorily kept with the RBI is :
4. Demand for money arises from
5. In India the standard money is
6. ISLM model was basically…………sector model:
7. Which of the following is a concept of ‘broad money’
8. Which of the following is not an objective of monetary policy?
9. Long run Phillips Curve is :
10. Oil price rise is an example for:
11. The main type of un employment referred by the Post-Keynesians:
12. Which one of the following is an example of “fiat money”
13. Inflation due to increase in price of industrial products is known as:
14. Which of the following is not a measure of selective credit control
15. Only Money Matters is Propounded by:
16. The Working Group for the Revision of Wholesale Price Index Number headed by :
17. Inflation represents:
18. The lowest point in the business cycle is referred to as the:
19. ‘Stagflation’ is a situation where the economy faces
20. Original IS-LM model is a ……..model.
21. Wars, new inventions, harvest failures, and changes in government policy are examples of:
22. The trough of a business cycle occurs when hits its lowest point.
23. Christina Romer’s criticism of the belief that business cycles had moderated since World War II depended on the fact that:
24. People are said to be suffered from “money illusion” since
25. When prices of only few commodities rise

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