Macroeconomics Quiz

What Is Macroeconomics?

• A branch of economics that only deals with the behavior of individual markets

• A branch of economics that studies the economy as a whole

• A branch of economics that studies the decline in the value of money

• A branch of economics that only studies government policy

What Is The Point Of Classical Economics?

• The independence of the central bank

• The government has an important role in the running of the economy

• The importance of the law of supply and demand

• The private sector has an unlimited role

Whics of the studies below are included in macroeconomics studies?

• Export & Import, Balance Sheet, National Income, Aggregate Income

• Aggregate Expenditure, Inflation, Deflation

• Monetary Policy, Fiscal Policy, Unemployment Rate

• All the answers are correct

A Decline In The Value Of Money Called?

• Inflation

• Deflation

• Aggregate Expenditure

• Interest Rates

The Policy That Regulates Taxes Called?

• Monetary Policy

• Taxes Policy

• Interest Rates Policy

• Fiscal Policy

Monetarist Economics Founded By?

• John Maynard Keynes

• Adam Smith

• Milton Friedman

• David Ricardo

The Policy That Regulates Interest Rates Called?

• Monetary Policy

• Taxes Policy

• Fiscal Policy

• Interest Rates Policy

Mention 5 (Five) Main Macroeconomics Indicators!

• National Income, Employment Rate, Inflation Rate, Balance Sheet Rate, and Currency Stability

• National Income, Unemployment Rate, Deflation Rate, Balance Sheet Rate, and Currency Stability

• Regional Income, Unemployment Rate, Infaltion Rate, Balance Sheet Rate, and Currency Stability

• Education Rate, Public Health Rate, Inflation Rate, Balance Sheet Rate, and Currency Stability

The Value Of A Country's Economic Output At A Certain Time When It's Located In That Country Is Called?

• Gross National Product

• Gross National Income

• Gross Domestic Product

• Gross Domestic Income

A Trade Surplus In A Country's Trade Balance Could Occur When?

• Exports aren't greater than Imports

• Imports are greater than Exports

• Exports are lower than Imports

• Imports aren't greater than Exports