
Chapter 1- Macroeconomics

Quiz
•
Social Studies
•
University
•
Hard
sasitharan manokaran
Used 26+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Macroeconomics theory studies the following EXCEPT…
How to determine international trade activities
How to determine the unemployment and inflation rate
How to determine the equilibrium income in an economy
How to determine type and quality of goods to produce
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Macroeconomics studies the economy from viewpoint of …
The firms
The households
The government
The entire economy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a macroeconomics objective?
To achieve equal distribution of income
To maintain domestic price instability
To achieve full employment of resources
To achieve sustainable economic growth
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a macroeconomic statement?
The price of rice decline by 1%
ALTEL company profit increase by 10%
The demand of PEPSI dropped
The income of Malaysian increase
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not the area of macroeconomics:
Unemployment rate
Market structure
Inflation rate
Foreign exchange rate
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A country is said to be experiencing inflation when…
Prices of most goods and services are rising over time
Total output is falling over time
Total output is rising over time
Prices of most goods and services are falling over time
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a macroeconomics objective?
Unemployment
Extremely high economic growth
Employed all available resources
Inflation
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