Indonesian Economy Quiz

What is the definition of Gross Domestic Product (GDP)?

• The total value of all goods and services produced in a country over a given period of time

• The difference between a country's exports and imports over a given period of time

• The process of reducing or eliminating government regulations on businesses

• The gap between the incomes of the rich and the poor in a society

What is the purpose of monetary policy?

• To measure the economic growth of a country

• To reduce inflation and manage economic growth

• To bring in capital and new technology to a country

• To measure the impact of foreign trade on a country's economy

What is foreign investment?

• The total value of all goods and services produced in a country over a given period of time

• The purchase of assets in a foreign country by an individual or corporation based in another country

• The difference between a country's exports and imports over a given period of time

• The process of reducing or eliminating government regulations on businesses

How can trade balance be used to measure a country's economy?

• To measure the economic growth of a country

• To reduce inflation and manage economic growth

• To measure the competitiveness of a country's exports

• To reduce barriers to competition and introduce new technologies

What is the definition of deregulation?

• The total value of all goods and services produced in a country over a given period of time

• The purchase of assets in a foreign country by an individual or corporation based in another country

• The process of reducing or eliminating government regulations on businesses, industries, or services

• The gap between the incomes of the rich and the poor in a society

What can cause income inequality?

• An unequal distribution of resources

• An unequal distribution of income

• An increase in government debt

• An increase in fiscal policy

What is government debt used for?

• To measure the economic growth of a country

• To reduce inflation and manage economic growth

• To fund government expenditure

• To reduce barriers to competition and introduce new technologies

What is the purpose of fiscal policy?

• To measure the economic growth of a country

• To reduce inflation and manage economic growth

• To bring in capital and new technology to a country

• To influence the level of spending and taxation

What is the balance of payments?

• The total value of all goods and services produced in a country over a given period of time

• The purchase of assets in a foreign country by an individual or corporation based in another country

• The difference between a country's exports and imports over a given period of time

• A record of all economic transactions between a country and the rest of the world

What is structural adjustment?

• The total value of all goods and services produced in a country over a given period of time

• The purchase of assets in a foreign country by an individual or corporation based in another country

• The process of reducing or eliminating government regulations on businesses, industries, or services

• A set of policies implemented by governments to improve economic efficiency and competitiveness