What is the target annual economic growth rate for many developed nations?
Macroeconomic Objectives Quiz

Quiz
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Other
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11th Grade
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Medium
Malavika Manoj
Used 2+ times
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18 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
1-2%
2-3%
3-4%
4-5%
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is considered a sustainable level of government debt?
When debt exceeds 90% of GDP
When debt is manageable and repayments do not risk the economy
When debt is paid off completely
When debt is less than 50% of GDP
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is a positive impact of economic growth?
Higher living standards
Decreased government budgets
Higher inflation rates
Increased unemployment
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the natural rate of unemployment (NRU)?
The unemployment rate during a recession
The lowest achievable level of unemployment
The unemployment rate during a boom
0% unemployment
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the target inflation rate for many economies?
4%
1%
2%
3%
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does demand-pull inflation result from?
Decreased consumer spending
Increased production costs
Excess demand in the economy
Excess supply in the economy
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which type of unemployment occurs when workers are between jobs?
Cyclical unemployment
Frictional unemployment
Seasonal unemployment
Structural unemployment
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