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Macroeconomics – Model Exam (1)

                   Time: 2 Hours        Full Mark: 40


                   Section A: Multiple Choice Questions (30 Marks)
                   Choose the correct answer:



                   1. Macroeconomics mainly studies:

                   A. Individual firms


                   B. Individual consumers

                   C. The economy as a whole

                   D. Single markets




                   2. GDP measures:

                   A. Welfare


                   B. Total production

                   C. Population

                   D. Inflation




                   3. Consumption is mainly determined by:

                   A. Income


                   B. Interest rate

                   C. Exports

                   D. Population




                   4. Investment refers to:






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