MACROECONOMIC

MACROECONOMIC

10th Grade

15 Qs

quiz-placeholder

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MACROECONOMIC

MACROECONOMIC

Assessment

Quiz

Education

10th Grade

Hard

Created by

esfanna Sadhana

Used 283+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

1. Which of these options is not a role of government?

Producer

Consumer

Lawmaker

Tax payer

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

2. What is Macroeconomics?

the economy as a whole

The part of economics concerned with single factors and the effects of individual decisions

The study of how a national economy works

The analysis of the behavior of individual consumers and producers

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

3. Which of these options is a macroeconomic objective?

Economic growth

A high and stable level of employment

Equitable distribution of income and wealth

All three

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

4. If a government can achieve their aims

It will create a favorable economic climate for business and improve people’s standard of living

The level of employment will decrease

People’s standard of living will deteriorate

People's standard of living will stagnate

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

5. How do governments want to achieve their aims?

By exploiting people

By maximizing the exploitation of natural resources

In satisfying big companies requests

In an environmentally sustainable manner

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

6. Expansionary policy is used to boost economic activity. Which of these propositions is not an expansionary policy tool?

Decreasing interest rates

Increasing interest rates

Increasing government spendings

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

7. Expansionary policy will often be used, except

During recession

During rising inflation

During an economic downturn

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