CHAPTER 1 - INTRODUCTION TO MACROECONOMICS

CHAPTER 1 - INTRODUCTION TO MACROECONOMICS

1st Grade

10 Qs

quiz-placeholder

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CHAPTER 1 - INTRODUCTION TO MACROECONOMICS

CHAPTER 1 - INTRODUCTION TO MACROECONOMICS

Assessment

Quiz

Social Studies

1st Grade

Practice Problem

Hard

Created by

MASLIZA MAZLAN

Used 48+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

Macroeconomics is the study of economics from the view point of

the entire economy

individual and firms spending

the individual household

local government expenditure

2.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

Identify the study concerned in macroeconomics

method of production and cost

the impact of wage reduction on agro-production

the reaction of Malaysian to the changes of petrol price

the general price levels

3.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

The following is the goal of macroeconomics EXCEPT:

Achieve full employment

Economic growth

Control the Union Labor

Equitable distribution of income

4.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

Which of the following issues would a macroeconomist concentrate on

the price of durians Musang King

the achievement of full employment

the profits of Proton national cars

the market for housing in country

5.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

The aggregate of demand and the aggregate of supply study of relationship between

the price level and unemployment

the price level and real GDP

unemployment and real GDP

nominal GDP and inflation

6.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

Which of the macroeconomics issues will affect the economic stability?

Increase in oil subsidies

Increase in foreign labors inflows

Increase in prices in the property sector

Increase in deficit balance of payments

7.

MULTIPLE CHOICE QUESTION

20 sec • 10 pts

Aggregate supply curve shifts to the left due to increase in

input tax

money supply

labor productivity

the general price level

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