ECO802
Question: Gross Domestic Product represents
Answer: Total output
Question: Income per year is a good example of which variabe
Answer: Flow
Question: Macroeconomics as a concept is concerned with
Answer: Aggregates
Question: A scatter diagram shows how two variables are
Answer: Related
Question: Unemployment rate is the percentage of the economy’s
Answer: labour force without a job
Question: They following are example of stock variable except
Answer: Income
Question: They following are useful tools for analysis except
Answer: None
Question: Aggregate Price level means
Answer: Average level of prices
Question: Macroeconomics variable include the following except
Answer: price
Question: Economists generally use some variant of two broad methods or types of analysis:
Answer: static and dynamic
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