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2.The problems of inflation and unemployment are the major topics ofA.microeconomics.B.labor economics.C.macroeconomics.D.welfare economics. 3.The measure of the economic activity of all the people and firms within a country is theA.Gross Domestic Product.B.Gross National Product.C.National income.D.Disposable income. 4.The difference between Gross Domestic Product and Gross National Product isA.indirect tax and subsidies.B.depreciation.C.net property income.D.income tax. 5.The circular flow of income for a 2 sector model shows the flow of income between theA.household and firms.B.household and government.C.firms and government.D.fovernment and foreign sector. 6.Which of the following item is not included in the national income accounting?A.Wages.B.Rent.C.Dividend.D.Scholarship. 7.In National Income accounting, double counting can be avoided by countingA.the intermediate goods.B.the raw materials.C.the final goods.D.the intermediate and final goods. CONFIDENTIAL© Hak Cipta Universiti Teknologi MARADownloaded by intan rosdi ()

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lOMoARcPSD|15375572




ECO211 Final EXAM ( Question) February
2022


Fundamentals of Economics (Universiti Teknologi MARA)




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, CONFIDENTIAL 1 BA/FEB 2022/ ECO211/210/164/219




UNIVERSITI TEKNOLOGI MARA
FINAL ASSESSMENT
FINAL



COURSE :MACROECONOMICS
COURSE CODE EXAM:ECO211/210/164/219
TIME :FEBRUARY 2022
:3 HOURS
JUNE




INSTRUCTIONS TO CANDIDATES

1. This question paper consists of two (2) parts:PART A (40 Questions)
PART B (4 Questions)

2. Answer ALL questions in the Answer Booklet. Start each answer on a new page.

3. Answer ALL questions in English.




DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO
This examination paper consists of 13 printed pages
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL




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