Macroeconomics
Quiz by Mark Tainatongo
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10 questions
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- Q1The main goals of Macroeconomics are to study what?How the economy is behaving and which factors are causing the economy to grow and shrink30sEditDelete
- Q2Key areas of Macroeconomics are what?economic challenges, Economic indicators, Money, Economic models30sEditDelete
- Q3What does GDP stand for?Gross domestic product30sEditDelete
- Q4Macroeconomics studies the challenges that the entire economies face such asKeeping workers employed, and keeping prices stable30sEditDelete
- Q5Quantity supplied is affected by what 2 things?Price and production costs30sEditDelete
- Q6Quantity demanded is affected by what?The price and the need for the good30sEditDelete
- Q7Macroeconomics studies supply and demand in the aggregate, which meansThe total amount of supply and demand30sEditDelete
- Q8The interaction of supply and demand between individual producers and consumers is studies within ....Microeconomics30sEditDelete
- Q9In microeconomics, the point at which supply and demand meet is called the ..Equilibrium30sEditDelete
- Q10In Macroeconomics, to study the aggregate means to study..total supply and demand30sEditDelete