Macroeconomic Policy and Economic Fluctuations Quiz Explore macroeconomic policy and fluctuations with these quiz questions. Test your understanding of fiscal and monetary policies, inflation, GDP, and more.
#1
Fiscal policy
Monetary policy
Microeconomic policy
Trade policy
#2
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Unemployment Rate
Labor Force Participation Rate
#3
To increase government spending
To decrease government spending
To increase taxes
To decrease taxes
#4
Interest Rates
Government Spending
Foreign Exchange Intervention
Trade Agreements
#5
Positive
Negative
Neutral
Nonexistent
#6
High inflation and low unemployment
Low inflation and high unemployment
High inflation and high unemployment
Low inflation and low unemployment
#7
Consumption
Investment
Government Spending
Currency Exchange Rate
#8
Decreasing taxes
Increasing government spending
Increasing interest rates
Decreasing interest rates
#9
Monetarism
Keynesian Economics
Classical Economics
Austrian Economics
#10
It is always zero.
It is the highest level of unemployment that an economy can sustain.
It represents the level of unemployment when an economy is operating at full capacity.
It is determined by government intervention.
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