MACROECONOMICS BASIC KNOWLEDGE

MACROECONOMICS BASIC KNOWLEDGE

9th - 12th Grade

15 Qs

quiz-placeholder

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MACROECONOMICS BASIC KNOWLEDGE

MACROECONOMICS BASIC KNOWLEDGE

Assessment

Quiz

Other

9th - 12th Grade

Medium

Created by

Desy Manurung

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is fiscal policy mainly concerned with?

controlling the money supply

government spending and taxation

regulating interest rates

managing the stock market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for implementing fiscal policy?

the central bank

commercial bank

private bussiness

governments

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of expansionary fiscal policy?

Raising taxes

Decreasing government spending

Cutting interest rates

Increasing government spending

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main tool of monetary policy?

interest rates and money supply

taxation

government spending

infrastructure spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which institution usually controls monetary policy?

Commercial Bank

The Stock Exchange

Central Bank

President

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the central bank wants to slow inflation, what is the most likely action it will take?

Increase interest rates

Lower taxes

Increase government spending

Print more money

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens when the central bank decreases interest rates?

Economic growth slows

People save more money

Inflation decreases

Borrowing becomes cheaper

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