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Macroeconomics Practice Quiz Questions And Answers

Are you looking for practice material for an upcoming assignment or test in macroeconomics? Check out these macroeconomics practice quiz questions and answers and test your knowledge for the same. Macroeconomics is the field of...

Questions: 10 | Attempts: 29485 | Last updated: Jul 10, 2024

Sample Question
Diffrence between Real and Nominal GDP is:

Measured by excluding some of the sectors

That real GDP is always smaller than Nominal GDP.

Change in price level from base year to current year.

None of the above.

GDP And Gnp Quiz

GDP is the total economic happening within the economic territory of the country. It is measured at macro levels. This quiz on GDP and GNP will test your knowledge about these macro indicators used for economic activity...

Questions: 10 | Attempts: 2505 | Last updated: Sep 9, 2024

Sample Question
Buying a brand new car from a ford dealership in Kalamazoo.

GDP

GNP

Neither

Both 1 and 2

Aggregate Supply And Aggregate Demand - Practice Quiz

The AD-AS curves may be a little confusing to some student especially when it comes to the effect of changes in the demand or supply a person makes. The quiz below is designed to help you perfect your understanding on the...

Questions: 10 | Attempts: 2117 | Last updated: Mar 21, 2023

Sample Question
Aggregate supply depends on all of the following factors except

The quantity of labor.

The state of technology.

The quantity of capital.

Price level.

Questions On Monetary And Fiscal Policy! Macroeconomics Trivia Quiz

Dive into the intricacies of monetary and fiscal policies with our Macroeconomics Trivia Quiz! Test your understanding of interest rates, money supply, and investment impacts through true\/false questions designed to enhance your...

Questions: 34 | Attempts: 489 | Last updated: Mar 22, 2023

Sample Question
An increase in the interest rate increases the quantity demanded of money because it increases the rate of return on money.

True

False

Macroeconomics Exam! MCQ Trivia

This Macroeconomics Exam! MCQ Trivia assesses key concepts such as fiscal policies, government spending, and social insurance programs. It is designed to test the understanding of macroeconomic principles, helping learners gauge...

Questions: 40 | Attempts: 573 | Last updated: Nov 16, 2023

Sample Question
Discretionary fiscal policy is

The use of interest rate changes to affect aggregate demand.

The use of interest rate changes to affect aggregate supply.

The use of government spending or tax policy to manage aggregate demand.

The use of government spending or tax policy to manage aggregate supply.

Popular Macroeconomics Quizzes

Macroeconomics [ch 16]

Macroeconomics [Ch 16]

Explore key concepts of Macroeconomics through this focused quiz. Assess your understanding of money functions, bank reserves, money supply, and monetary policy actions. Ideal for students preparing for advanced economics...

Questions: 31 | Attempts: 2685 | Last updated: Mar 21, 2023

Sample Question
Which of the following is not a function of money

Unit of account

Store of value

Hedge against inflation

Medium of exchange

Let's Learn About Types Of Macroeconomics

let's learn about types of Macroeconomics

This quiz covers many topics of macroeconomics. It includes labor & unemployment, inflation, Phillips curve, and income distribution. There are 10 multiple choice questions and you will have 10 minutes to complete the quiz....

Questions: 10 | Attempts: 2139 | Last updated: Mar 20, 2023

Sample Question
All of the following are not included in the labor force except

Stay-at-home parents.

Discouraged workers.

Students.

People looking for a job.

Retired people.

Macroeconomics [ch. 17]

Macroeconomics [Ch. 17]

This Macroeconomics quiz covers fundamental concepts such as inflation causes, hyperinflation, money value, money demand, and the quantity theory of money. It assesses understanding of how economic variables interact, crucial for...

Questions: 20 | Attempts: 1782 | Last updated: Aug 31, 2023

Sample Question
In the long run, inflation is caused by

Bands that have market power and refuse to lend money.

Governments that raise taxes so high that it increases the cost of doing business and, hence, raises prices.

Governments that print too much money

Increases in the price of inputs, such as labor and oil

None of the above

Recent Macroeconomics Quizzes