Try to answer these 100+ Introduction to Macroeconomics MCQs and check your understanding of the Introduction to Macroeconomics subject.
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A. Long
B. Prolonged
C. Short
D. Medium
A. Market cycles
B. Business cycles
C. Proper cycles
D. Unemployment cycle
A. True
B. False
A. Extraction
B. Contraction
C. Relaxation
D. Loss
A. True
B. False
A. Deflation
B. Depression
C. Disappointment
D. Destruction
A. Deflation
B. Depression
C. Disappointment
D. Destruction
A. Courged worker
B. Discouraged worker
C. Extraordinary worker
D. Weak labour
A. Lower
B. Higher
C. Equal
D. Zero
A. Contraction
B. Expansion
C. Extraction
D. Distraction
A. True
B. False
A. Higher
B. Lower
C. Average
D. Half
A. Hyperinflation
B. Hypoinflation
C. Average inflation
D. None of these
A. True
B. False
A. True
B. False
A. True
B. False
A. 18
B. 16
C. 20
D. 22
A. True
B. False
A. True
B. False
A. Menu costs
B. Sale costs
C. High costs
D. All of these
A. True
B. False
A. True
B. False
A. Old
B. New
C. Loser
D. All of these
A. True
B. False
A. Peak
B. Slope
C. Graph
D. None of these
A. True
B. False
A. Price review
B. Price index
C. Price value
D. All of these
A. High
B. Low
C. Average
D. Constant
A. True
B. False
A. True
B. False
A. Reentrant
B. Recession
C. Reversible
D. None of these
A. Reentrant
B. Recession
C. Reversible
D. None of these
A. Relative price
B. Fair price
C. Fractional price
D. All of these
A. True
B. False
A. Functional
B. Structural
C. Physical
D. All of these
A. Crest
B. Trough
C. Slope
D. All of these
A. True
B. False
A. 18
B. 24
C. 16
D. 26
A. Relevant to economists
B. Calculated, not estimated
C. Literal, not figurative
D. Adjusted for inflation
A. Labor force
B. Unemployment rate
C. Civilian labor force
D. Discouraged workers
A. It does not take into account discouraged workers.
B. It includes workers in the underground economy.
C. It does not take into account teenage workers.
D. It focuses too much on the condition of underemployment.
A. High school graduates
B. Retirees
C. Teenagers
D. Skilled workers
A. Cyclical
B. Frictional
C. Seasonal
D. Structural
A. Cyclical
B. Seasonal
C. Structural
D. Typical
A. Expected output
B. Full-time output
C. Overemployment
D. Potential output
A. Corporate
B. Government
C. Manufacturing
D. Nonprofit
A. To reduce economic hardship and the severity of recessions
B. To decrease the level of frictional unemployment in the economy
C. To bypass the moral hazard of seasonal unemployment
D. To combat the effects of falling inflation
A. It has increased their demand for union jobs.
B. It has increased their overall wages.
C. It has decreased their importance in the economy.
D. It has decreased their need for technical training.
A. Consumer price
B. Price index
C. Price level
D. Relative price
A. A bundle of representative goods and services
B. A bundle of randomly selected goods and services
C. A single representative good or service
D. A single randomly selected good or service