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WorksheetsIntroduction to Macroeconomics
Total questions: 12
Worksheet time: 6mins
Which of the following studies economics as a whole?
Microeconomics
Macroeconomics
both Micro and Macroeconomics
Which of the following is studied in Macroeconomics?
Individual income
individual savings
individual output
general price level
Which of the following studies the problems of economics at individual levels?
Microeconomics
Macroeconomics
Both Micro and Macro economics
Which branch of macroeconomics specifically focuses on the problems of developing economies?
Development Economics
Monetary Economics
Public Finance
Trade Cycle Theory
Which of the following is not the subject matter of macroeconomics?
National Income Accounting
Business cycle
Laws of demand and supply
General price level
Which of the following is a subject matter of Macroeconomics?
Studies Employment & Unemployment
Determination of National Income
Promotes Economic Growth & Development
All of the above options
Which of the following helps to develop & expand the microeconomics theories?
Macroeconomics
Keynes
Theory of Income
Adam Smith
Which of the following is not concerned with Macroeconomics?
National Income Accounting
Inflation
International Trade
Individual Firm
The Federal Reserve's two primary goals DO NOT include
maximum sustainable employment
stable inflation
diversification of the economy
One measure of the economy macroeconomists pay attention to to study the pace of growth in the economy is
supply
inflation
demand
equilibrium price
Who provides top leadership for the Federal Reserve?
Member Banks
Federal Open Market Committee
Board of Governors
Federal Depository Institutions
The Federal Open Market Committee
combines the Board of Governors and the 12 Reserve Banks
contains approximately 8.039 commercial banks
ensures safety deposits
