Economics MCQs

Economics - Micro & Macro Questions with solutions MCQs

1. Which of the below statement is correct?

A

Microeconomics is primarily concerned with the overall economy.

B

Individual markets are the focus of macroeconomics.

C

Governments do not have any control over market prices.

D

When economists study a market`s price, their main goal is to figure out why the price is what it is and how it might change.

Economics - Micro & Macro Account Ast. 2024
Correct Answer : D
Explanation :

Microeconomics studies individual markets; macroeconomics studies overall economy. Statement D correctly describes the focus of economists.

Correct Answered :

Wrong Answered :

CONTACT US

  • J & K

  • admin@prepmart.in

    • QUICK LINKS

    LIKE AND SHARE YOUR EXPERIENCE

    Like Us on Facebook Join Us on Telegram
    VISITORS COUNT 1 1 1 4 4 9 0
    PrepMart 2022. All Rights Reserved | Terms & Conditions | Privacy Policy | Refund & Cancellation Policy
    Developed By : Azhar Rashid Teli