Test your macroeconomics knowledge with this intermediate-level quiz! This Online Macroeconomics MCQs quiz covers key concepts like GDP limitations, fiscal policy, unemployment types, the Phillips Curve, and more. Challenge yourself with questions on aggregate demand, monetary policy, automatic stabilizers, and the multiplier effect. Ideal for exam prep or brushing up on essential macroeconomics topics! Perfect for bachelor’s students and economics enthusiasts. Let us start with the Online Macroeconomics MCQs Test now.
Online Macroeconomics MCQs 1
- Which of the following is a limitation of GDP as a measure of economic well-being?
- What is the name for the total value of all financial assets in an economy?
- Which of the following is true about the federal budget deficit?
- What does the Laffer Curve illustrate?
- The natural rate of unemployment includes
- Which of the following is not a type of unemployment?
- What does the Phillips Curve depict?
- Which of the following is an example of an automatic stabilizer in fiscal policy?
- When the central bank sells government securities, it
- What is the interest rate at which banks lend money to each other overnight called?
- Which of the following is not a function of money?
- If the government increases taxes to reduce inflation, it is an example of
- Which of the following is considered a tool of fiscal policy?
- When aggregate demand exceeds aggregate supply, it leads to:
- What is the formula for calculating the marginal propensity to consume (MPC)?
- The multiplier effect measures the impact of changes in ———— on overall economic output.
- Which of the following is not a determinant of consumption in the Keynesian consumption function?
- In the aggregate expenditure model, what does “C” represent?
- What is the formula for calculating GDP using the expenditure approach?
- Which of the following is not considered a component of GDP?
