Question : The other name of microeconomics is _____________

Option 1: Price Theory

Option 2: Demand approach

Option 3: Supply approach

Option 4: All of the above

Question : The main tools of macroeconomics are ___________ and _________.

Option 1: Aggregate demand and aggregate supply

Option 2: Determination of income and employment

Option 3: Both 1 and 2

Option 4: None of the above

Question : The concept of demand and supply is a key topic in:

Option 1: Macroeconomics

Option 2: Microeconomics

Option 3: Both microeconomics and macroeconomics

Option 4: Neither microeconomics nor macroeconomics

Question : Equilibrium price is the price when :

Option 1: Supply is greater than demand .

Option 2: Supply is less than demand .

Option 3: Demand  is very high .

Option 4: Supply is equal to demand.

Question : Plant and machinery are 

Option 1: Producer's goods .

Option 2: Consumer's goods .

Option 3: Distributor's goods 

Option 4: Free goods .