Monetary & Microeconomic Policy

Monetary & Microeconomic Policy

10th Grade

15 Qs

quiz-placeholder

Similar activities

Puppies/Dogs History

Puppies/Dogs History

KG - Professional Development

10 Qs

Odd One Out 001

Odd One Out 001

KG - Professional Development

10 Qs

Chinese Vocab

Chinese Vocab

KG - University

10 Qs

Cartoon Characters - 101

Cartoon Characters - 101

KG - 12th Grade

12 Qs

Bezpieczne ferie

Bezpieczne ferie

1st - 12th Grade

10 Qs

Disney Princesses

Disney Princesses

KG - University

10 Qs

Formosan animals and parks 1

Formosan animals and parks 1

3rd - 12th Grade

12 Qs

Madoka Magica

Madoka Magica

6th - 10th Grade

10 Qs

Monetary & Microeconomic Policy

Monetary & Microeconomic Policy

Assessment

Quiz

Fun

10th Grade

Practice Problem

Medium

Created by

Phoebe Grech

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main role of the Reserve Bank of Australia (RBA)?

Managing Australia's monetary policy

Providing loans to businesses

Setting wages for workers

Controlling the stock market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is monetary policy?

Controlling the supply of money in the economy

Increasing government spending on infrastructure

Reducing taxes for businesses

Encouraging businesses to hire more workers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the RBA influence the economy?

By adjusting the official interest rate

By deciding the prices of all goods and services

By controlling international trade

By managing government-owned businesses

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when interest rates go up?

Borrowing becomes more expensive, so people and businesses spend less

Borrowing becomes cheaper, encouraging more spending

People and businesses save less money

Inflation increases rapidly

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do lower interest rates affect borrowing?

Borrowing becomes cheaper, encouraging spending and investment

Borrowing becomes more expensive, discouraging investment

People are less likely to take out loans

It has no impact on borrowing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the RBA increase interest rates during high inflation?

To reduce spending and slow down rising prices

To encourage businesses to take out more loans

To make it easier for people to buy houses

To increase government revenue

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is microeconomic policy?

Policies that target specific businesses, industries or markets

Policies that affect the entire economy

Policies that increase government spending on infrastructure

Policies that aim to reduce interest rates

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?