In the year 2045, Yuni is studying the effect of futuristic government policies on the economy. She learns about the concept of ‘crowding out’, which refers to:

ECON Test 3

Quiz
•
English
•
University
•
Hard
primanita setyono
FREE Resource
109 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
2.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
In a futuristic classroom, Ina asked “what does GDP measure in our advanced economy where technology and sustainability are prioritized?”
3.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
In the year 2045, as Rani’s government faces rising prices in the economy, which policy would she most likely implement to combat inflation?
4.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
In a futuristic economy where digital currencies dominate, Rudi explained the quantity theory of money using the equation:
MV = PQ
5.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
In the year 2040, Rahman is analyzing the impact of a significant depreciation of his country’s currency on international trade. How does this depreciation affect the country’s exports and imports?
6.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
Dedi is exploring how the concept of ‘elasticity’ applies to price changes in the futuristic market for virtual reality video games
7.
MULTIPLE CHOICE QUESTION
30 mins • 1 pt
In the year 2045, Nur discovered that the elasticity of demand for eco-friendly tissues is 0.66. This means the demand for these tissues is:
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