WorksheetsCHAPTER 1 - INTRODUCTION TO MACROECONOMICS
Total questions: 10
Worksheet time: 4mins
Macroeconomics is the study of economics from the view point of
the entire economy
individual and firms spending
the individual household
local government expenditure
Identify the study concerned in macroeconomics
method of production and cost
the impact of wage reduction on agro-production
the reaction of Malaysian to the changes of petrol price
the general price levels
The following is the goal of macroeconomics EXCEPT:
Achieve full employment
Economic growth
Control the Union Labor
Equitable distribution of income
Which of the following issues would a macroeconomist concentrate on
the price of durians Musang King
the achievement of full employment
the profits of Proton national cars
the market for housing in country
The aggregate of demand and the aggregate of supply study of relationship between
the price level and unemployment
the price level and real GDP
unemployment and real GDP
nominal GDP and inflation
Which of the macroeconomics issues will affect the economic stability?
Increase in oil subsidies
Increase in foreign labors inflows
Increase in prices in the property sector
Increase in deficit balance of payments
Aggregate supply curve shifts to the left due to increase in
input tax
money supply
labor productivity
the general price level
Aggregate demand curve shifts to the right because of
The interest rate increases
the income level decreases
the net taxes decrease
the investment level decreases
The macroeconomics variables are as follows, EXCEPT:
Wage rate
Inflation rate
Unemployment rate
Economic growth rate
Economic growth would most likely be stimulated by
higher unemployment rates
higher rate of technological progress
increase in membership of labor unions
consumption of more consumer goods
