
Macroeconomics
Quiz
•
Social Studies
•
9th Grade
•
Hard
Irene Magbanua
Used 1+ times
FREE Resource
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the study of the nations economy as a whole.
Microeconomics
National economy
National output
Macroeconomics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the measure of a country's total production of final goods and services in a given period of time.
Gross National Product
Gross Domestic Product
Exports
Imports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you call an economic policy that is designed to influence the aggregate demand in order to control the economy?
Spending policy
National policy
Fiscal policy
Monetary policy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the continuing increase of the general price level in the market.
Inflation
Deflation
Stagflation
Recession
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the decrease in the general level of prices of basic commodities.
Inflation
Deflation
Stagflation
Stagnation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It shows the cycle of goods and services in an economy.
Circular flow of goods
Circular flow of money
Circular flow of the economy
Circular flow of resources
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