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  • Question 1
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    What does macroeconomics primarily focus on?

  • Question 2
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    Which Economist divided Economics in two branches of micro and macro on the basis of economic activity?

  • Question 3
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    Which of the following is an example of a microeconomic issue?

  • Question 4
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    The main aim of a socialist economy is________.

  • Question 5
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    What is microeconomics primarily concerned with?

  • Question 6
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    What is the role of the government in microeconomics?

  • Question 7
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    Which of the following is an example of normative economics?

  • Question 8
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    Which is a central problem of an economy? 

  • Question 9
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    Which of the following is a characteristic of a perfectly competitive market in microeconomics?

  • Question 10
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    Which of the following economic analyses focuses on what "ought to be"?

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