Macroeconomics Basic MCQ Quiz!

14 Questions | By Damianmills | Last updated: Mar 21, 2022 | Total Attempts: 260

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1.

The goods-producing sector has added 9,000 jobs despite stagnant growth in construction. Of the following sectors, where did growth occur?
- A.
  
  Utilities
- B.
  
  Mining
- C.
  
  Manufacturing
- D.
  
  Logging
2.

Average wages are up 2 cents to 25.61 in June. What is the year-to-date growth?
- A.
  
  2.6%
- B.
  
  2.8%
- C.
  
  3.0%
- D.
  
  3.2%
3.

IBISWorld's main growth comes from companies in the service sector.
- A.
  
  True
- B.
  
  False
4.

Which key driver for the US economy accounts for about 68.7% of GDP?
- A.
  
  Government spending
- B.
  
  Consumption
- C.
  
  Investment
- D.
  
  Net exports
5.

What is one effect of temporary concerns regarding slowing economic growth and increased volatility in developing financial markets, such as those in China?
- A.
  
  Mortgages are becoming less affordable
- B.
  
  The Federal Reserve is maintaining a high federal funds rate.
- C.
  
  The recent slowdown in the services sector.
- D.
  
  The recent slowdown in construction activity.
6.

Companies that employ more than 500 people have increased jobs at a faster rate than companies that employ less than 500. True or False?
- A.
  
  True
- B.
  
  False
7.

The total value of construction put in place improved considerably since 2011. Which of the following statements about construction over the period are true?
- A.
  
  Residential construction is up 52.1% in real terms.
- B.
  
  Seasonally adjusted to-date construction is up 1.3% from this time last quarter.
- C.
  
  Total construction expenditure has now met its pre-recession peak.
- D.
  
  Manufacturing construction is up 82% in real terms.
8.

Capital expenditure in both US and Canada is expected to fall in 2016. Why is capital expenditure so important to IBISWorld?
- A.
  
  Our product is paid for from the capital budget of most clients
- B.
  
  Capital expenditure is a gauge of overall future growth prospects
- C.
  
  It is a good indicator of the health of Public Administration, our most important client segment
9.

A sector experiencing a severe decline in capital expenditure is a good target for the legal and business valuation sectors due to the potential M&A activity?
- A.
  
  True
- B.
  
  False
10.

Capital expenditure in which sector did not grow in the first quarter of 2016 compared with the first quarter of 2015 for both US and Canada?
- A.
  
  Utilities
- B.
  
  Consumer Discretionary
- C.
  
  Information Technology
- D.
  
  Energy and Mining
11.

What has been the effect of the Brexit vote result on the USD?
- A.
  
  The USD has strengthened
- B.
  
  The USD has weakened
12.

Which of the following best describes developments in IPO filings and the possible effect on our business valuation clients?
- A.
  
  IPO Filing activity has increased, and this could cause our business valuation clients' workloads to decrease
- B.
  
  IPO Filing activity has slowed, and this could cause our business valuation clients' workloads to grow
- C.
  
  IPO Filing activity has slowed, and this could cause our business valuation clients' workloads to decrease
- D.
  
  IPO Filing activity has increased, and this could cause our business valuation clients' workloads to grow
13.

What is the most important (by volume) export commodity in trade with the UK?
- A.
  
  Nickel
- B.
  
  Organic chemicals
- C.
  
  Printed books and newspapers
- D.
  
  Artwork
14.

The ultimate effects of Brexit are still unknown, but there are a few things we can assume. Which of the following are reasonable assumptions?
- A.
  
  The US Federal reserve will bring forward planned interest rate hikes
- B.
  
  A US/UK trade agreement will be established
- C.
  
  The UK will have less political capital within the Eurozone
- D.
  
  The UK will have greater control over domestic affairs and immigration