Micro and Macro Assessment

Froggy Jumps

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Froggy Jumps Micro and Macro AssessmentVersion en ligne Revision or Feedback of chapter par Fauquiyah Shaikh 1 Which Norwegian economist is credited with coining the terms 'Micro' and 'Macro' in 1933? a Adam Smith b Ragnar Frisch c Alfred Marshall 2 Which economic method involves splitting the whole economy into small individual units for detailed study? a Slicing Method b Lumping Method c Marginalism Principle 3 In the Theory of Factor Pricing, what is the specific economic reward assigned to 'Capital'? a Profit b Rent c Interest 4 Macroeconomics is frequently referred to by which alternative theoretical name? a Price theory b welfare theory c Income and employment theory 5 What does the microeconomic assumption 'Ceteris Paribus' literally mean? a Other things remain constant b small and microscopic c forest is an aggregation 6 Which branch of economics studies the 'General Price Level' and its fluctuations (inflation and deflation)? a Micro economic b Macro economic c Price theory 7 According to the definition by Prof. A.P. Lerner, individuals or households in the economy are compared to what biological structure? a Organ b Tissue c Cells 8 The 'Lumping Method' in Macroeconomics is best illustrated by which of the following analogies? a The study of Forest b studying a single tree c Individual income from NI

Froggy Jumps

Micro and Macro AssessmentVersion en ligne

Revision or Feedback of chapter

par Fauquiyah Shaikh

Which Norwegian economist is credited with coining the terms 'Micro' and 'Macro' in 1933?

Adam Smith

Ragnar Frisch

Alfred Marshall

Which economic method involves splitting the whole economy into small individual units for detailed study?

Slicing Method

Lumping Method

Marginalism Principle

In the Theory of Factor Pricing, what is the specific economic reward assigned to 'Capital'?

Profit

Rent

Interest

Macroeconomics is frequently referred to by which alternative theoretical name?

Price theory

welfare theory

Income and employment theory

What does the microeconomic assumption 'Ceteris Paribus' literally mean?

Other things remain constant

small and microscopic

forest is an aggregation

Which branch of economics studies the 'General Price Level' and its fluctuations (inflation and deflation)?

Micro economic

Macro economic

Price theory

According to the definition by Prof. A.P. Lerner, individuals or households in the economy are compared to what biological structure?

Organ

Tissue

Cells

The 'Lumping Method' in Macroeconomics is best illustrated by which of the following analogies?

The study of Forest

studying a single tree

Individual income from NI

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Micro and Macro Assessment

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Froggy Jumps

Micro and Macro AssessmentVersion en ligne

par Fauquiyah Shaikh

Which Norwegian economist is credited with coining the terms 'Micro' and 'Macro' in 1933?

Which economic method involves splitting the whole economy into small individual units for detailed study?

In the Theory of Factor Pricing, what is the specific economic reward assigned to 'Capital'?

Macroeconomics is frequently referred to by which alternative theoretical name?

What does the microeconomic assumption 'Ceteris Paribus' literally mean?

Which branch of economics studies the 'General Price Level' and its fluctuations (inflation and deflation)?

According to the definition by Prof. A.P. Lerner, individuals or households in the economy are compared to what biological structure?

The 'Lumping Method' in Macroeconomics is best illustrated by which of the following analogies?

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