The largest producer of diamond in the world is ?
Correct answer: D. Russia
- A. Australia
- B. Canada
- C. South Africa
- D. Russia
Explanation
Russia is the world's leading producer of diamonds by volume in modern rankings. South Africa is historically famous for diamond mining, which makes it a tempting but outdated choice.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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