Macro

Introduction

Medium

Match List-I with List-II

List-I List-II
(A) An enquiry into the nature and cause of the wealth of nations (I) 1919
(B) The Economic Consequences of the Peace (II) 1929
(C) General Theory of Employment, Interest and Money (III) 1776
(D) The Great Depression (IV) 1936

Choose the correct answer from the options given below:

List-I	List-II
(A) An enquiry into the nature and cause of the wealth of nations	(I) 1919
(B) The Economic Consequences of the Peace	(II) 1929
(C) General Theory of Employment, Interest and Money	(III) 1776
(D) The Great Depression	(IV) 1936

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

✅ Correct Option: 2

Option 1 -> Incorrectly matches Wealth of Nations with 1919 instead of 1776.

Option 2 -> Correctly matches: Wealth of Nations (1776), Economic Consequences of Peace (1919), General Theory (1936), and Great Depression (1929).

Option 3 -> Incorrectly matches Wealth of Nations with 1919 and Great Depression with 1776.

Option 4 -> Incorrectly matches General Theory with 1919 and Economic Consequences with 1936.

Hence, Option 2: (A) - (III), (B) - (I), (C) - (IV), (D) - (II) -> (A) "An Enquiry into the Nature and Causes of the Wealth of Nations" by Adam Smith was published in 1776, marking the foundation of classical economics. (B) "The Economic Consequences of the Peace" by Keynes was published in 1919, criticizing the Treaty of Versailles. (C) "General Theory of Employment, Interest and Money" by Keynes was published in 1936, revolutionizing macroeconomic theory. (D) The Great Depression began in 1929 with the stock market crash. -> correct

2025: 30 May Shift 2

The study of total output, employment and aggregate price level of an economy.

2025: 29 May Shift 1

Macroeconomics emerged as a separate subject in the year _________ due to Prof. J. M Keynes.

2025: 29 May Shift 2

Individuals or institutions that take economic decisions are known as................

2026: 13 May Shift 2

Select the correct statements from the following in the context of macroeconomics.

(A) It deals with the aggregate economic variables.

(B) It has emerged as a separate subject in the 1930s.

(D) It mostly examines the functioning of the particular sector of the economy.

Choose the correct answer from the options given below:

2025: 31 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Macroeconomics	(I) We study the behavior of aggregate measures of the performance of the economy.
(B) Mixed economy	(II) All important decisions regarding production, exchange and consumption of goods and services are made by the government.
(C) Market	(III) Some important decisions are taken by the government and the economic activities are by and large conducted through the market.
(D) Centrally planned economy	(IV) A set of arrangements where economic agents can freely exchange their endowments or products with each other.

Choose the correct answer from the options given below:

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
(A) - (I), (B) - (III), (C) - (IV), (D) - (II)
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

2026: 21 May Shift 2

Those variables which are defined at a point of time are called?

Solution

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