Prepare for your macroeconomics exams, job interviews, or viva with this 20-question MCQ Online Macroeconomics Quiz covering key concepts such as fiscal & monetary policy, GDP, inflation, interest rates, exchange rates, and more. The Economics Quiz is perfect for students and professionals looking to strengthen their understanding of macroeconomic principles. Let us start with the Online Macroeconomics Quiz now.
Topics Included: Government deficits, national debt, economic growth, monetary tools, stagflation, leading indicators, Federal Reserve functions, trade balance, and exchange rates.
Online Macroeconomics Quiz with Answers
- What is the term for a situation where the government’s expenditures exceed its revenues in a given year?
- When the economy experiences a period of sustained economic growth, it is often referred to as
- What is the name for the interest rate at which the central bank lends money to commercial banks?
- Which of the following best describes the concept of the national debt?
- Which of the following is a fiscal policy tool that involves government spending on infrastructure and public projects?
- What is the term for the situation in which an economy is producing at its maximum potential output?
- The Fisher Effect describes the relationship between
- Which of the following is a measure of the average price level in an economy?
- Which of the following is not a tool of monetary policy?
- When the government reduces taxes to stimulate economic growth, it is an example of
- What is the name for the total market value of all final goods and services produced within a country’s borders in a given period of time
- The term “stagflation” refers to a situation where there is
- Which of the following is an example of a leading economic indicator?
- What is the name for the interest rate that banks charge their most creditworthy customers?
- Which of the following is an example of an expansionary monetary policy?
- Which of the following is a function of the Federal Reserve in the United States?
- What is the term for the difference between a country’s exports and imports?
- When a country’s currency depreciates, what happens to its exports and imports?
- What is the exchange rate determined by supply and demand in the foreign exchange market called?
- The foreign exchange market is primarily responsible for trading
