Trắc nghiệm kinh tế vĩ mô

What is the potential output level?

• Corresponding to the natural unemployment rate

• The highest a country can achieve

• The highest a country can achieve without putting the economy in a high inflation state

• No inflation

What does Okun's law in macroeconomics explain the relationship between?

• Inflation and unemployment

• Exports and imports

• Tax revenue and government spending

• Actual output and unemployment rate

What is the major issue that macroeconomics does not concern itself with?

• Unemployment

• Exchange rates

• National output

• Brand promotion strategies

Which economic model is Vietnam currently following?

• Pure market economy

• Centralized planned economy

• Mixed economy

• All three answers are correct

What is a business cycle?

• The fluctuation of actual output around potential output

• The fluctuation of the trade balance

• The fluctuation of exchange rates

• The fluctuation of gold prices

What does foreign trade policy relate to?

• Government spending

• Monetary policy of the central bank

• The trade balance of the country

• All three answers are correct

What is the potential output (full employment output)?

• At which point if aggregate demand increases, inflation will rise quickly

• At which the economy has a rate

What is the potential output (full employment output)?

• At which total demand increases, inflation will rise quickly

• At which the economy has the lowest unemployment rate

• Maximum of the economy

• All three answers are correct

When is the output of an economy considered potential?

• Input factors are fully utilized

• The state budget is surplus

• There is no inflation

• The balance of payments is balanced

The current difficulty in satisfying the material needs of society indicates that

• There is a limitation of wealth to achieve the goal of satisfying limited needs of society

• Due to scarce resources cannot satisfy all needs of society

• There are unimportant choices in economics

• No needs are correct