A steady increase in general price level is termed as_____________.

(a)

wholesale price index

(b)

Business Cycle

(c)

Inflation

(d)

National Income

Indicate the fundamental economic activities of an economy

(a)

Production and Distribution

(b)

Production and Exchange

(c)

Production and Consumption

(d)

Production and Marketing

The country following Capitalism is ________________

(a)

Russia

(b)

America

(c)

India

(d)

China

Identify The Father of Socialism

(a)

J M Keynes

(b)

Karl Marx

(c)

Adam Smith

(d)

Samuelson

A steady fall in general price level is termed as ___________.

(a)

Deflation

(b)

Inflation

(c)

Trade

(d)

To achieve growth

Define the term ‘Inflation'.

Classify the economies based on status of development.

Write down the three types of economic systems.

Who is the controll authority of socialistic economy?

What is Economic Policies?

Describe the different types of economic systems.

Enumerate the features of mixed economy.

What are the limitation of Macro Economics.

Write the basis how Economies can be classified into different types.

Explain are the Demerits of Capitalism.

Discuss the scope of Macro Economics.

Compare the features among Capitalism, Secularism and Mixedism

Explain the three sector model of economy with chart.

Explain the concepts of macro economics.