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Micro or Macro
Quiz
•
Social Studies
•
9th - 12th Grade
•
Practice Problem
•
Easy
Rob Wardel
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A family is unable to afford both a holiday and a new car, they need to choose what to spend their budget on.
microeconomics
MACROECONOMICS
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Measuring how many goods and services a nation produces in total
microeconomics
MACROECONOMICS
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economists are trying to determine the impact of a new government policy on the unemployment rate
microeconomics
MACROECONOMICS
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bicycle company is trying to determine how many bicycles it should produce to maximise its profits.
microeconomics
MACROECONOMICS
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A country's central bank is deciding what interest rate to set to control inflation?
microeconomics
MACROECONOMICS
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A worker is deciding whether to work full time or part time
microeconomics
MACROECONOMICS
7.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Economics is the study of how humans make decisions in the face of ________
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