Sec2,Macro

Sec2,Macro

University

11 Qs

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Sec2,Macro

Sec2,Macro

Assessment

Quiz

Other

University

Practice Problem

Medium

Created by

Basma Mahmoud Mahmoud Abdelaty

Used 5+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ups and downs of the business cycle can be completely avoided

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At times of economic crisis, the economy is crippled because there is almost no demand for anything

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

School of thoughts consist of……….

Monetarist

New Keynesian

New classical

None of the above

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

………...argue that monetary policy is generally a more effective and desirable policy tool to manage aggregate demand than fiscal policy.

New Classical

Monetarist

New classical

None of the above

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term “classical economists” is actually a school of macroeconomic

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total value of goods and services produced within a country's borders over a specific period……..

Inflation and Price Stability

GDP

Unemployment and Labor markets

None of the above

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inflation is the general rise in prices over time.

True

False

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