Macroeconomics Quizzes & Trivia
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Questions: 9 | Attempts: 18123 | Last updated: Jul 6, 2020
Questions: 58 | Attempts: 939 | Last updated: Jan 9, 2013
Questions: 20 | Attempts: 1271 | Last updated: Jan 18, 2013
Questions: 20 | Attempts: 881 | Last updated: Jan 18, 2013
Questions: 31 | Attempts: 1801 | Last updated: Jan 18, 2013
Macroeconomics is the branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. Do you need some practice for an upcoming assignment or test? Do you wanna test...
Questions: 9 | Attempts: 18123 | Last updated: Jul 6, 2020
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Sample QuestionDiffrence between Real and Nominal GDP is:
Quiz for macro economics. STUDY Hard!
Questions: 58 | Attempts: 939 | Last updated: Jan 9, 2013
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Sample QuestionAll of the following will likely trigger increases in output except:
Questions: 20 | Attempts: 1271 | Last updated: Jan 18, 2013
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Sample QuestionAn economy that interacts with other economies is known as
Questions: 20 | Attempts: 881 | Last updated: Jan 18, 2013
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Sample QuestionIn the long run, inflation is caused by
Money and prices in the long run
Questions: 31 | Attempts: 1801 | Last updated: Jan 18, 2013
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Sample QuestionWhich of the following is not a function of money
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Macroeconomics Questions & Answers
What is GDP equal to in closed economy?
A closed economy (and there are extremely few) means complete self-sufficiency. A closed economy means there is no trade activity with outside economies, no exports, no imports. The remote unvisited tribe in unexplored Brazil is an example.
Brazil i
What one should see while comparing nations economic position with other?
The correct answer to this question is B, per capita GDP. It is used to compare countries economic output to one another. It compares this by its residents. It divides the economic output by the country's population. Per capita GDP, which stands for
What is the basic proposition of the law of demand?
The most basic proposition of the law of demand is that as the price of a good rises, a lower quantity is demanded. This is because the law of demand is part of the supply and demand curve - that funky graph that you see with one line going up, one g
What can be concluded if the demand curve for product B shifts to the right as the price of product A declines?
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If the price of product A drops and the demand curve of product B shifts right, then it can easily be concluded that products A and B are complementary products.
When a curve shifts right, then there is less demand for it when another product is at
Can You Pass This Macroeconomics Test? The performance of the economy is dependent on various factors. By studying microeconomics, you get to learn more about the changes in the environment and what the changes mean for the...
Questions: 23 | Attempts: 1088 | Last updated: Oct 31, 2019
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Sample QuestionThe aggregate demand-aggregate supply model is a variable-price-level model that permits analysis of simultaneous changes in real GDP and the price level.
Below are some true or false Trivia Questions On Savings And Investment. When people get money, making more money through what they save up is all they can think about, and this is made possible by them making proper investments....
Questions: 16 | Attempts: 1065 | Last updated: Oct 5, 2020
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Sample QuestionConsumption equals disposable income plus savings.
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: 461 | Last updated: Mar 26, 2019
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Sample QuestionAll of the following are not included in the labor force except
Questions: 21 | Attempts: 385 | Last updated: Dec 17, 2020
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Sample QuestionEconomics is primarily the study of?
Aggregate Demand & Aggregate Supply
Questions: 35 | Attempts: 362 | Last updated: Mar 26, 2019
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Sample QuestionOver the last 50 years, U.S. real GDP has grown at about 5 percent per year
Questions: 19 | Attempts: 330 | Last updated: Apr 30, 2020
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Sample QuestionWhich of the following is a capital resource?
Questions: 40 | Attempts: 321 | Last updated: Dec 17, 2020
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Sample QuestionDiscretionary fiscal policy is
The influence of monetary and fiscal policy on aggregate demand
Questions: 35 | Attempts: 242 | Last updated: Jan 21, 2013
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Sample QuestionAn increase in the interest rate increases the quantity demanded of money because it increases the rate of return on money
Questions: 38 | Attempts: 223 | Last updated: Dec 17, 2020
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Sample QuestionAs the part of a person's wealth that can be readily used for transactions of buying items.
Macroeconomics chapter 23-25
Questions: 13 | Attempts: 161 | Last updated: Jan 10, 2013
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Sample QuestionA decrease in the government budget deficit decreases the ________ loanable funds and an increase in the government budget surplus increases the ________ loanable funds.
ABC3/ALC2
Questions: 9 | Attempts: 137 | Last updated: Feb 11, 2013
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Sample QuestionGross domestic product (GDP) is equal to personal consumption expenditures:
Questions: 14 | Attempts: 130 | Last updated: Feb 4, 2021
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Sample QuestionThe goods-producing sector has added 9,000 jobs despite stagnant growth in construction. Of the following sectors, where did growth occur?
Final exam study
Questions: 28 | Attempts: 114 | Last updated: Dec 31, 2012
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Sample QuestionConsider an economy made up of 100 people, 60 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired. The number of people in the labor force is
Questions: 13 | Attempts: 110 | Last updated: May 14, 2018
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Sample QuestionThe fundamental questions that an economic system attempts to solve include:
Are you a macroeconomics student? Do you have an upcoming quiz to study for? Take this quiz to find out whether you have the basics down or not.
Questions: 8 | Attempts: 102 | Last updated: Oct 12, 2016
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Sample QuestionThe demand curve shows the relationship between the_______ and _______
Questions: 34 | Attempts: 97 | Last updated: Jun 30, 2016
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Sample QuestionRecall Chapter 1's opening story about the British sea captains and the convicted felons. In what way were incentives used to solve the problem of the high mortality rate on board the ships?
The multiple choice questions, each worth 2 points For each question,
circle the best answer.
Questions: 24 | Attempts: 93 | Last updated: Jan 10, 2013
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Sample QuestionThe study of economics is primarily concerned with:
IB Economics HL. Definitions QUIZ. Section 3. Macroeconomics. Inflation, unemployment, income distribution.
Questions: 23 | Attempts: 66 | Last updated: Jan 24, 2013
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Sample Question"Inflation that occurs as a result of an increase in costs of production" What kind of inflation is this?
Questions: 23 | Attempts: 56 | Last updated: Jan 23, 2013
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Sample QuestionWhat does GDP stand for?
Study for final exam
Questions: 21 | Attempts: 56 | Last updated: Jul 16, 2018
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Sample QuestionFaced with growing problems in Asia, the US government spent several billion dollar buying Japanece yen. This action was intended to:
