Macro Economics Quest

Froggy Jumps

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A quick macroeconomics challenge.

Créé par

Dr. Srushti Shreeram Manchekar

India

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Macro Economics Quest


Froggy Jumps Macro Economics QuestVersion en ligne A quick macroeconomics challenge. par Dr. Srushti Shreeram Manchekar 1 What does GDP stand for in macroeconomics? a Gross Domestic Profit b Gross Domestic Product c Net Domestic Product 2 Which policy aims to curb inflation by raising interest rates? a Fiscal policy b Supply-side policy c Monetary policy (tight) 3 What is inflation? a A fixed price index b A sustained rise in the general price level c A fall in unemployment rate 4 How is unemployment rate defined? a Share of population without jobs b Share of the labor force actively seeking work but unemployed c Total number of unemployed people only 5 During a recession, which tends to fall? a Government spending b Aggregate supply c Aggregate demand 6 What is the fiscal multiplier? a Rate of inflation per year b Change in investment per year c Change in GDP per unit of autonomous spending 7 What does CPI measure? a Average change over time in prices paid by consumers b Total government spending c Producer price index only 8 What is stagflation? a High inflation with stagnant growth and unemployment b Low inflation with rapid growth c Deflation with high growth 9 What is the long-run goal of monetary policy? a Zero inflation regardless of growth b Maximize employment at all costs c Price stability and sustainable growth 10 What defines a budget deficit? a Balanced budget annually b Revenue exceeds spending c Government spending exceeds revenue

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Macro Economics Quest

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Macro Economics QuestVersion en ligne

par Dr. Srushti Shreeram Manchekar

What does GDP stand for in macroeconomics?

Which policy aims to curb inflation by raising interest rates?

What is inflation?

How is unemployment rate defined?

During a recession, which tends to fall?

What is the fiscal multiplier?

What does CPI measure?

What is stagflation?

What is the long-run goal of monetary policy?

What defines a budget deficit?