11th Grade Aggregate Demand Quizzes, Questions & Answers

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11th Grade

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IB Economics HL. Definitions QUIZ. Section 3. Macroeconomics. National income, aggregate demand and aggregate supply.

Questions: 35  |  Attempts: 189   |  Last updated: Mar 22, 2025
  • Sample Question 1
    "Foregoing current consumption to allow for consumption in the future" What is being defined?
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  • Sample Question 2
    Output method: "Method measuring national income by taking the value of all the goods and services [1] in an economy" Income method: "Method measuring national income by taking the value of all the [2] earned in an economy" Expenditure method: "Method measuring national income by taking the value of all [3] on goods and services in the economy"
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A quiz on the macroeconomic equilibrium and the AD/AS model.

Questions: 5  |  Attempts: 216   |  Last updated: Mar 22, 2025
  • Sample Question 1
    Which of the following causes a negative supply shock?I. A technological advanceII. Increased productivityIII. An increase in oil prices
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  • Sample Question 2
    Which of the following causes a positive demand shock?
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