Muhammad Ismail Bichi

What does macro economics implies?

Demand pull inflation is created when.....
A. Interest rate increase
B. If wage rate increase
C. If consumption expenditure increase
D. None of the above

A loan with low interest rate is....... Loan
A. Hard Loan
B. Soft loan
D. Real loan
D. None of the above

Those who are seeking for job but not willing to accept job offer at a prevailing wage rate are classified under......... Unemployment.
A. Voluntary Unemployment
B. Involuntary Unemployment
C. Demand deficienct Unemployment
D. Non of the above

Tax which is levied on a commodity base on its length, size or volume is said to be....... Tax
A. Ad valerom tax
B. Specific tax
C. Single tax
D. Multiple tax

Under the monetary policy instrument,.......... Policy is use to upset aggregate demand in an economy when there is Fall in the later
A. Restrictive monetary policy
B. Expansionary monetary policy
C. Price stability
D. Non of the above

.......... Among the bodies of inflation is said to be normal and helpful to economic growth.
A. Creeping inflation
B. Running inflation
C. Hyper inflation
D. None of the above

.......... Scholar, list out three stages of project cycle
A. Sani (1999)
B. Kayode (1979)
C. Brent (1990)
D. None of the above

.......... Is said to be the reward for Capital
A. Interest
B. Profit
C. Rent
D. Wages

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The most acceptable definition of economics was defined by.......... Scholar
A. Pigou
B. Adam Smith
C. Prof (lord) Lionel C Robbins
D. Alfred Marshal

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