Macroeconomic models are used to explain how __________ variables influence
__________ variables.
Macroeconomics Ch, 1, 2 & 3
Quiz
•
Business
•
University
•
Medium
Lucina Beaumont
Used 2+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Macroeconomic models are used to explain how __________ variables influence
__________ variables.
endogenous; exogenous
exogenous; endogenous
microeconomic; macroeconomic
macroeconomic; microeconomic
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When studying the short-run behavior of the economy, an assumption of ______________ is more plausible, whereas when studying the long-run equilibrium behavior of an economy, an assumption of _____________ is more plausible.
inflation; unemployment
unemployment; inflation
flexible prices; sticky prices
sticky prices; flexible prices
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of these are flow variables EXCEPT:
the number of new automobile purchases
the number of people losing their jobs
business expenditures on plant and equipment
the government debt.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
GNP equals GDP__________ income earned domestically by foreigners ____________ income that nationals earn abroad.
plus; plus
minus; minus
minus; plus
plus; minus
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6. The investment function slopes ___________ because there are ___________
investment projects that are profitable as the interest rate decreases.
upward; fewer
upward; more
downward; fewer
downward; more
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Recessions are periods of
rising incomes.
falling incomes.
rising prices.
falling prices.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The unemployment rate measures the fraction of the
adult population that has stopped looking for work.
adult population that is not working.
labour force that has stopped looking for work.
labour force that is not working.
20 questions
Economics for Manager Candidate
Quiz
•
University
20 questions
IFY - causes of inflation
Quiz
•
University
20 questions
inflation
Quiz
•
11th Grade - University
20 questions
Macro
Quiz
•
University
15 questions
QUIZ 2 - Supply & Demand, GDP, & Money
Quiz
•
University
20 questions
Macro Chapter 4
Quiz
•
University
15 questions
IB Business Management 4.5 Price Elasticity of Demand HL
Quiz
•
9th Grade - University
15 questions
Retailing
Quiz
•
University
25 questions
Equations of Circles
Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)
Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System
Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice
Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers
Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons
Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)
Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review
Quiz
•
10th Grade