Indicate the contribution of J M Keynes to economics

(a)

Wealth of Nations

(b)

General Theory

(c)

Capital

(d)

Public Finance

A steady increase in general price level is termed as_____________.

(a)

wholesale price index

(b)

Business Cycle

(c)

Inflation

(d)

National Income

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

Micro means __________.

(a)

Large

(b)

Big

(c)

Small

(d)

Both 'a' and 'b'

Define the term ‘Inflation'.

What are the major types of economic systems.

Define Globalism.

Mention the any three Socialist Learning economies.

Mention the any three Capitalist Learning economies

Outline the major merits of capitalism.

Indicate the demerits of socialism.

Explain any three features of Capitalistic Economy.

Describe the three models of circular flow of income.

What are limitations from which Macro economics suffer?

Illustrate the functioning of an economy based on its activities

Compare the features of capitalism and socialism.

Explain the Demerits of capitalism.

Explain the merits of Mixed Economy.