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VM1 ME

Authored by Renato Santos

Science

1st - 5th Grade

Used 3+ times

VM1 ME
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40 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Deals with factors that affect the economy of a country.

National Economy

Macro Economics

Micro Economy

Monetary Policy

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How the Central Bank controls money supply and interest rates to

keep prices and the economy stable.

Monetary Supply

Monetary Policy

Monetary Allotment

Monetary Inflation

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

An economic policy is the set of economic

conditions or factors that influence people,

businesses, and government.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Government is expected to spend less (on infrastructure,

social aid, healthcare, etc.) to keep the economy moving.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Corruption, Overpriced Materials, High Government Debt

Some Projects Remain Untouched or Inefficient.

Monetarism

Supply side economics

Keynesian Theory

Macroeconomic theory

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The key principle of ________ is that the

total amount of money circulating in an

economy is the main factor that determines

its growth.

Keynesian Theory

Supply Side Economics

Monetarism

the law of Supply and Demand

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

It argues that growth happens when

businesses are supported through lower taxes, less

regulation, and favorable monetary policy.

Supply Side Economies

Monetarism

Keynesian Theory

The Law of Supply and Demand

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