
Macroeconomic Concepts and Policies

Interactive Video
•
Business, Social Studies, Other
•
9th - 12th Grade
•
Hard

Patricia Brown
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of macroeconomics?
Household budgets
Local businesses
National aggregates
Individual industries
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a primary objective of macroeconomics?
Increasing individual wealth
Price stability
Output growth
Reducing unemployment
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the effect of inflation on savings?
Increases the value of savings
Has no effect on savings
Doubles the value of savings
Diminishes the value of savings
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a recession typically involve?
Increase in government spending
Decline in aggregate output for two consecutive quarters
Increase in employment
Rise in stock market prices
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the circular flow diagram, who receives income from firms and the government?
Firms
Local businesses
Households
Foreign investors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which sector in the circular flow diagram is responsible for paying taxes and providing transfer payments?
Firms
Foreign sector
Households
Government
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a transfer payment?
Dividends
Social security benefits
Wages
Interest on bonds
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