Macro Test 2

Macro Test 2

University

β€’

30 Qs

quiz-placeholder

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Macro Test 2

Macro Test 2

Assessment

Quiz

β€’

Other

β€’

University

β€’

Practice Problem

β€’

Easy

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

The behavior of the Federal Reserve concerning the nation’s money supply and interest rate

Monetary Policy

Fiscal Policy

Discretionary Fiscal Policy

2.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

The government’s spending and taxing policies

Monetary Policy

Fiscal Policy

Discretionary Fiscal Policy

3.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

Changes in taxes or spending that are the result of deliberate changes in government policy

Discretionary Fiscal Policy

Fiscal Policy

Monetary Policy

4.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

Yd ≑ Y βˆ’ T

π‘‘π‘–π‘ π‘π‘œπ‘ π‘Žπ‘π‘™π‘’ π‘–π‘›π‘π‘œπ‘šπ‘’ ≑ π‘‘π‘œπ‘‘π‘Žπ‘™ π‘–π‘›π‘π‘œπ‘šπ‘’ βˆ’ π‘‘π‘Žπ‘₯𝑒𝑠

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

As consumption increases, income

decreases

increases

remains the same

6.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

As consumption decreases, taxes

increases

decreases

7.

MULTIPLE CHOICE QUESTION

30 sec β€’ 1 pt

Δ𝐢 = π‘Ξ”π‘Œ

Marginal Propensity to Consume (MPC) is

c

b

y

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