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Macroeconomics Revision

Total questions: 11

Worksheet time: 6mins

Name
Class
Date
1.

It is show as macroeconomics, except...

a)

Income

b)

Inflation

c)

Unemployment

d)

Economic growth

2.

What is the not the macroeconomics goals?

a)

Full employment or low unemployment

b)

Price stability or low inflation

c)

Decreasing the price of the goods

d)

Fair and distribution of income

3.

Which of the following is macroeconomics issue?

a)

Proton and Perodua open a new branch at Sabah and Sarawak

b)

Unemployment is 4 – 6 percent

c)

Tenaga Nasional Berhad had increase their profit to 25%

d)

None of the above

4.

The determination of price and the behavior of individual markets are studied in _____. On the other hand, topic such as business cycles unemployment and inflation are studied in_____.

a)

Macroeconomics: microeconomics

b)

Demand: supply analysis

c)

Microeconomics: macroeconomics

d)

None of the above

5.

The following are fiscal policy objectives are as follows except

a)

Attaining and maintaining full employment

b)

Controlling equitable distribution of income and wealth

c)

Encouraging investment

d)

To maintain domestic price instability

6.

To expansionary in Fiscal policy is to overcome unemployment and reduces recession, what is fiscal policy used too maintain economics growth?

i. Increase in government purchases of goods & services

ii. Reduces Taxes

iii. Increase in government spending

iv. Increase in transfer payment

a)

i and ii

b)

i, ii and iii

c)

ii, iii and iv

d)

All of the above

7.

Which of the following are components of the macroeconomics?

a)

Land

b)

Foreign Sector

c)

Capital

d)

Labor

8.

If the government wants to reduce unemployment, government spending should be _____.

a)

Decrease

b)

Increase

c)

Constant

d)

None of the above

9.

Which of the following is not in conflict with macroeconomics goals?

a)

Inflation

b)

Unemployment

c)

Budget deficit in balances of payment

d)

National income

10.

Please fill up the table above...


a)

Household and Government

b)

Firms, Government and International Trade

c)

Household, Firms and Government

d)

Household, Firms and International Trade

11.

What is my full name? Hehe..

a)

Nabilah Hannah Delisha

b)

Nabilah Blackpick

c)

Nabilah Mohammad Kassim

d)

Nabilah Wonderful