Macroeconomics Quizzes & Trivia
What determines economic growth? Why does output fluctuate? Why do we have inflation and why is it a problem? Why do we have unemployment and why is it a hindrance to the economy? Do you think you have what it takes to answer these questions?
For the Macroeconomics aficionado, nothing could be better than an economic-based challenge! Why don’t you bring out your knowledge and wisdom and answer the quizzes based on macroeconomics? Take our amazing quizzes and let us determine how much of an Economics whiz you are! We will provide you with an absolutely unique equilibrium of fun and learning experience! For all we know, you could be the next Adam Smith of our generation.
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Questions: 9 | Attempts: 13568 | Last updated: Sep 20, 2019
Sample QuestionDiffrence between Real and Nominal GDP is:
Questions: 23 | Attempts: 1088 | Last updated: Oct 31, 2019
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.
Questions: 16 | Attempts: 813 | Last updated: Nov 4, 2019
Sample QuestionConsumption equals disposable income plus savings.
Questions: 10 | Attempts: 461 | Last updated: Mar 26, 2019
Sample QuestionAll of the following are not included in the labor force except
Questions: 35 | Attempts: 362 | Last updated: Mar 26, 2019
Sample QuestionOver the last 50 years, U.S. real GDP has grown at about 5 percent per year
What is the diffrence between Real and Nominal GDP?
Questions: 31 | Attempts: 265 | Last updated: Jan 18, 2013
Sample QuestionWhich of the following is not a function of money
Questions: 40 | Attempts: 255 | Last updated: Feb 15, 2013
Sample QuestionDiscretionary fiscal policy is
Questions: 35 | Attempts: 242 | Last updated: Jan 21, 2013
Sample QuestionAn increase in the interest rate increases the quantity demanded of money because it increases the rate of return on money
Questions: 24 | Attempts: 209 | Last updated: Dec 14, 2012
Sample QuestionEconomics is primarily the study of
Questions: 13 | Attempts: 161 | Last updated: Jan 10, 2013
Sample QuestionA decrease in the government budget deficit decreases the ________ loanable funds and an increase in the government budget surplus increases the ________ loanable funds.
Questions: 20 | Attempts: 150 | Last updated: Jan 18, 2013
Sample QuestionAn economy that interacts with other economies is known as
Questions: 9 | Attempts: 137 | Last updated: Feb 11, 2013
Sample QuestionGross domestic product (GDP) is equal to personal consumption expenditures:
Questions: 28 | Attempts: 114 | Last updated: Dec 31, 2012
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
Sample QuestionThe fundamental questions that an economic system attempts to solve include:
Questions: 8 | Attempts: 102 | Last updated: Oct 12, 2016
Sample QuestionThe demand curve shows the relationship between the_______ and _______
Questions: 34 | Attempts: 97 | Last updated: Jun 30, 2016
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?
Questions: 20 | Attempts: 97 | Last updated: Jan 18, 2013
Sample QuestionIn the long run, inflation is caused by
Questions: 38 | Attempts: 94 | Last updated: Jul 30, 2011
Sample QuestionAs the part of a person's wealth that can be readily used for transactions of buying items
Questions: 24 | Attempts: 93 | Last updated: Jan 10, 2013
Sample QuestionThe study of economics is primarily concerned with:
Questions: 19 | Attempts: 91 | Last updated: Jan 21, 2013
Sample QuestionWhich of the following is a capital resource?
Questions: 58 | Attempts: 68 | Last updated: Jan 9, 2013
Sample QuestionAll of the following will likely trigger increases in output except:
Questions: 23 | Attempts: 66 | Last updated: Jan 24, 2013
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
Sample QuestionWhat does GDP stand for?
Questions: 21 | Attempts: 56 | Last updated: Jul 16, 2018
Sample QuestionFaced with growing problems in Asia, the US government spent several billion dollar buying Japanece yen. This action was intended to:
Questions: 21 | Attempts: 39 | Last updated: May 22, 2018
Sample QuestionMacroeconomics deals with: