Macroeconomics

1. 1.What is the main goal of monetary policy ?

• A.To increase government spending

• B.To control inflation and stabilize the economy

• C.To reduce exports

• D.To collect more taxes

2.Who is responsible for monetary policy?

• A. The Ministry of Education

• B. The National Assembly

• C. The Central Bank

• D. The Ministry of Culture

3.What is the main tool of fiscal policy?

• A. Interest rates

• B. Taxation and government spending

• C. Exchange rates

• D. Bank deposits

4.What does the central bank control?

• A. Imports and exports

• B. Consumer prices

• C. Supply of money

• D. Stock market prices

5.What is the difference between microeconomics and macroeconomics?

• A. Microeconomics studies economic history

• B. Macroeconomics deals with global warming

• C. Macroeconomics focuses on the entire economy

• D. Microeconomics deals with the stock exchange

6.What does an increase in unemployment affect according to macroeconomics?

• A. Oil prices

• B. The GDP

• C. Bank profits

• D. Interest rates only

7.What happens if inflation rises?

• A. Prices fall

• B. Raw material costs increase

• C. Employment increases

• D. Taxes are removed

8.How do macro and microeconomics relate to each other?

• A. They have no connection

• B. They are the same

• C. They are completely opposite

• D. They are interrelated and overlap

9.What does macroeconomics study?

• A. Individual businesses

• B. Individual consumers

• C. Overall economic trends

• D. International law

10.According to the reading, what happens when the Central Bank increases the money supply?

• A. The economy slows down

• B. The economy may grow faster

• C. Unemployment rises

• D. Government spending decreases