Macro Economics

As the President of Ukraine during the Chernobyl disaster, what initial economic measure would you prioritize to alleviate the crisis?

• Implement immediate economic reforms to attract foreign investment and aid

• Focus on enhancing the agricultural sector to diversify the economy and create jobs

• Establish a transparent communication strategy to assure international partners and investors about the safety measures taken

• Prioritize the development of alternative energy sources to reduce dependence on nuclear power

In the aftermath of Lehman Brothers' failure triggering the 2008 economic crisis, as the CEO of Lehman Brothers, what strategic steps would you take to address this crisis?

• Request a government bailout to rescue Lehman Brothers and stabilize the financial system

• Develop a comprehensive restructuring plan to address the toxic assets and rebuild investor confidence

• Liquidate assets quickly to minimize losses and repay creditors

• Blame external factors, avoiding responsibility for the crisis

In response to a recession, as the head of a country's central bank, what policy measures would you adopt to stimulate economic growth?

• Increase interest rates to encourage savings

• Implement austerity measures to reduce government spending

• Introduce expansionary monetary policies such as lowering interest rates and quantitative easing

• Advocate for tax hikes to boost government revenue

As the Finance Minister, your country faces high inflation. What strategies would you employ to curb inflationary pressures?

• Increase government spending to stimulate demand

• Implement contractionary monetary policies like raising interest rates

• Advocate for wage increases to boost consumer spending

• Print more money to ease financial constraints

You are a policymaker dealing with a trade deficit. What measures would you consider to address this economic challenge?

• Encourage domestic consumption to boost imports

• Implement protectionist trade policies to restrict imports

• Promote export-led growth strategies

• Lower taxes on imports to stimulate foreign investment

In the face of rising unemployment, what policies would you advocate as a government official to spur job creation?

• Increase taxes on businesses to fund social programs

• Implement austerity measures to reduce public spending

• Introduce targeted fiscal policies to stimulate economic activity

• Advocate for trade restrictions to protect domestic industries

As the CEO of a struggling manufacturing company during an economic downturn, what steps would you take to navigate the challenges and ensure long-term sustainability?

• Cut employee salaries to reduce costs

• Invest in research and development to innovate products

• Liquidate assets to pay off debts

• Increase prices of goods to maintain profit margins

Facing a budget deficit, what fiscal measures would you propose as the head of the finance ministry to restore fiscal balance?

• Increase government spending on infrastructure projects

• Advocate for tax cuts to stimulate consumer spending

• Implement austerity measures to reduce government expenditure

• Print more money to cover budget shortfalls

Your country is experiencing a housing bubble. As a regulatory authority, what measures would you implement to address this situation and prevent a financial crisis?

• Lower interest rates to encourage home buying

• Introduce stricter lending standards for mortgages

• Encourage speculative investment in the real estate market

• Provide subsidies to homebuyers to stimulate demand

As a policymaker aiming to boost the circular flow of the economy, which action would you prioritize to encourage spending and investment?

• Increase taxes on consumers to reduce disposable income

• Implement expansionary fiscal policies such as infrastructure projects

• Advocate for higher interest rates to promote saving

• Restrict international trade to protect domestic industries