Question : The term ' Macro Economics ' was used by____________.
Option 1: J.M. Keynes
Option 2: Ragnar Frisch
Option 3: Ragnar Nurkse
Option 4: Prof.Knight
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Correct Answer: Ragnar Frisch
Solution : The correct option is Ragnar Frisch
Norwegian economist Ragnar Frisch initially used the terms microeconomics and macroeconomics in 1933. Macroeconomics looks at the economy as a whole. To characterise his research, which used statistical methods to examine economic systems, he coined the term econometrics.
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Question : Price theory is also known as
Option 1: Macro Economics
Option 2: Development Economics
Option 3: Public Economics
Option 4: Micro Economics
Question : Who was the first to use the term 'State'?
Option 1: Hobbes
Option 2: Plato
Option 3: Aristotle
Option 4: Machiavelli
Question : The term 'Back-stick' is used in which of the following games/sports?
Option 1: Basketball
Option 2: Badminton
Option 3: Hockey
Option 4: Volleyball
Question : Who defined investment as "the construction of a new capital asset like machinery or factory building" ?
Option 1: Hansen
Option 2: J.M. Keynes
Option 3: Harrod
Option 4: J.R. Hicks
Question : The term 'gene' was coined by
Option 1: T. H. Morgan
Option 2: W. L. Johanssen
Option 3: G. Mendel
Option 4: De Vries
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