Home > Economics 101 > Quizzes > Macroeconomics Test Questions 2
Macroeconomics Test Questions 2
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 32% • Most missed: “The LM curve has a ----- slope”
Macroeconomics Test Questions 2
Time left 00:00
25 Questions

1. The LM curve has a ----- slope
2. In which of the following situations will an increase in the money supply have no effect upon output?
3. Changes in the subjective or objective factors
4. Which of the following is not an obstacle to full employment in classical theory?
5. Imputed value of good is added to the GDP because:
6. The classical economists believed that the demand for labour is a function of:
7. In the Keynesian two sector model, when AD = AS, then:
8. Theories are:
9. Decisions made in households, firms, and government are the focus of:
10. Supply creates its own demand is the Basis of:
11. Monetarism is associated with:
12. As per classical theory saving is:
13. The value of ‘intermediate goods’ are excluded from GDP calculation because:
14. Inventories are unsold goods produced by a firm, then why do they are included in GDP?
15. In the Keynesian two sector economy, AD>AS, then
16. When disposable income rises from Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equal to
17. The sum of marginal propensity to consume plus marginal propensity to save must equal to:
18. Why do not the sale or purchase of used goods are not included in the GDP?
19. In Fisher’s transaction velocity model, one of the following is not an assumption:
20. Who defined economics as: a science which studies human behavior as a relationship between ends and scarce means which have alternative uses:
21. Consumption of capital good in the process of production is called as
22. The normal condition of a capitalist economy in classical theory is:
23. Which one of the following is roughly equal to national income?
24. Scientific attempts to describe economic relationships are :
25. In classical theory which of the following is found in the economy:

⚡ Recently practiced quizzes in this topic
Live quiz activity
Economics 101 Practice Test: Tradeoff between Inflation and Unemployment Economics Knowledge Test Questions Microeconomics Final Exam Basics of Economics Practice Test Economics 101 Practice Test: Open-Economy Macroeconomics Economics 101 Practice Test: Saving, Investment, and the Financial System Economics 101 Practice Test: Measuring a Nation's Income Economics 101 Practice Test: Basics of Macroeconomic Policy Economics 101 Practice Test: Theory of the Open Economy Economics 101 Practice Test: The Market Forces of Supply and Demand
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | OSHA Basics Quiz | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.