Macroeconomics Quizzes, Questions & Answers

Recent Quizzes

Macroeconomics Chapter 4 Measuring Output & Unemployment

Explore key economic indicators with the 'Macroeconomics Chapter 4 Measuring Output & Unemployment' quiz. Assess your understanding of GDP concepts, differences between Nominal and Real GDP, and the role of the Price Index....

Questions: 23 | Attempts: 309 | Last updated: Mar 20, 2023

Sample Question
What does GDP stand for?

Gross Domestic Product

Greatest Dollar Product

Green Dollar Prolific

Economics Quiz: Principles Of Macroeconomics! Trivia

Economics Quiz: Principles of Macroeconomics! Trivia

Ever wondered how well do you know the principles of macroeconomics? Macroeconomics is a division of finances that deals with implementing, building, behavior, and decision-making of an economy. It utilizes interest rates,...

Questions: 19 | Attempts: 667 | Last updated: Mar 20, 2023

Sample Question
Which of the following is a capital resource?

A new car bought by the Jones family

A truck used in transporting school children to a soccer practice

A truck used in transporting steel to an automobile factory

Hamburger meat used to produce a juicy hamburger on a home grill

A sapling used to create a forest in a new national park

Macroeconomics [ch. 20]

Macroeconomics [Ch. 20]

This Macroeconomics quiz covers key concepts such as real GDP growth, investment volatility, aggregate supply, and the effects of price levels on consumer spending. It assesses understanding of economic fluctuations and monetary...

Questions: 35 | Attempts: 1633 | Last updated: Mar 21, 2023

Sample Question
Over the last 50 years, U.S. real GDP has grown at about 5 percent per year

True

False

Macroeconomics [ch. 18]

Macroeconomics [Ch. 18]

Explore the dynamics of open economies in 'Macroeconomics [Ch. 18]' through questions on trade, investment, and economic policies. Assess your understanding of international trade, investment flows, and their impact on national...

Questions: 20 | Attempts: 4445 | Last updated: Mar 22, 2023

Sample Question
An economy that interacts with other economies is known as

A balanced trade economy

An export economy

An import economy

A closed economy

An open economy

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: 1775 | 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

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: 2673 | 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

Macroeconomics: Definition & Principles Quiz

Macroeconomics: Definition & Principles quiz

This is to test your knowledge on material covered in chapter 5. Good Luck.

Questions: 21 | Attempts: 212 | Last updated: Mar 20, 2023

Sample Question
Macroeconomics deals with:

Bits and pieces of the economy.

The question of how a business unit should operate profitably.

The working of the entire economy or large sectors of it.

How individuals make decisions.

Macroeconomics 212

Macroeconomics 212 explores the dynamics of government budgets and their impact on loanable funds, investment, and international borrowing and lending. This quiz assesses understanding of economic policies and their global...

Questions: 13 | Attempts: 453 | Last updated: Mar 20, 2023

Sample Question
A decrease in the government budget deficit decreases the ________ loanable funds and an increase in the government budget surplus increases the ________ loanable funds.

Demand for; demand for

Demand for; supply of

Supply of; demand for

Supply of; supply of

Demand for loanable funds and the supply of; supply of loanable funds and the demand for

Macroeconomics Exam Review

MacroEconomics Exam Review

This MacroEconomics Exam Review assesses key concepts such as inflation, GDP, unemployment, and interest rates. It is designed to enhance understanding of economic indicators and their impact on the economy, making it crucial for...

Questions: 58 | Attempts: 1179 | Last updated: Mar 22, 2023

Sample Question
All of the following will likely trigger increases in output except:

Increases in the labor force

Increases in labor productivity

Increases in interest rates

Increases in consumer spending

MCQ On Macroeconomics: Trivia Test! Quiz

MCQ on Macroeconomics: Trivia Test! Quiz

This trivia-style quiz on Macroeconomics tests key concepts like money, assets, diminishing returns, and growth accounting. It's designed to assess understanding of economic principles and their applications, making it ideal for...

Questions: 38 | Attempts: 344 | Last updated: Mar 21, 2023

Sample Question
As the part of a person's wealth that can be readily used for transactions of buying items.

Currency

Money supply

Medium of exchange

Checking deposits

Money

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