Economic Challenges in the 20th Century Quiz
Test your knowledge of macroeconomics with questions on market types, policies, GDP, and notable economists.
#1
Which of the following is not a characteristic of a perfectly competitive market?
Many buyers and sellers
Homogeneous products
Barriers to entry
Perfect information
#2
What was the purpose of the Bretton Woods Agreement?
To establish a fixed exchange rate system
To create the International Monetary Fund (IMF)
To create the World Bank
All of the above
#3
What is the primary goal of monetary policy?
To stabilize prices
To promote economic growth
To control inflation
To maximize employment
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