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Which of the following is a microeconomics statement? - Economics

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प्रश्न

Which of the following is a microeconomics statement?

विकल्प

  • The real domestic output increased by 2.5 percent last year

  • Unemployment was 9.8 percent of the labour force last year

  • The price of wheat determines its demand

  • The general price level increased by 4 percent last year

MCQ

उत्तर

The price of wheat determines its demand

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Introduction to Micro Economics - Model Questions - Part A [पृष्ठ २१]

APPEARS IN

सामाचीर कलवी Economics [English] Class 11 TN Board
अध्याय 1 Introduction to Micro Economics
Model Questions - Part A | Q 4 | पृष्ठ २१

संबंधित प्रश्न

Identify and explain the concept from the given illustration:

Gauri collected the information about the income of a particular firm.


Scope of micro economics.

  1. Theory of Product Pricing
  2. Theory of Growth and Development
  3. Theory of General Price Level and Inflation
  4. Theory of Income and Employment

Branch of economics that deals with small part of national economy − 


______ is a branch of economics that studies the economic variables at an individual level. 


The method of partial equilibrium is used in ______


How does Robbins define Economics?


Which of the following is a limitation of microeconomics?


The word 'Economics' was derived from two words, ______ and ______


  • Assertion (A): Microeconomics is a small part of the national economy.
  • Reasoning (R): Microeconomics divides the economy into small units.

Complete the correlation:

Macro-Economic Theory : Income and Employment :: Micro Economics : ______


Concepts studied under Microeconomics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

Concepts studied under Macro economics.

  1. Whole economy
  2. Economic development
  3. Aggregate supply
  4. Product pricing

Give an economic term:

The economic variables of micro quantities.


Give an economic term:

Factor payment received by an entrepreneur in the form of money.


A particular segment of an economy is studied in ______.


 Concepts studied under Micro economics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

Concepts studied under Micro economics.

  1. National income
  2. General price level
  3. Factor pricing
  4. Product pricing

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