Introduction to Macroeconomics

Assessment
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KERABU KESUMA
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Social Studies
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University
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698 plays
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Medium
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25 questions
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1.
Multiple Choice
Macroeconomics approaches the study of economics from the viewpoints of
individual firms
individual consumers
government units
the entire economy
2.
Multiple Choice
The economy must operate at maximum capacity refers to
full employment
price stability
economic growth
equitable distribution of income
3.
Multiple Choice
The three major macroeconomic goals do not include
full employment
price level stability
sustained economic growth
high levels of environmental quality
4.
Multiple Choice
Economic growth would most likely be stimulated by
higher unemployment rates
faster rates of technological progress
increases in membership of labour unions
consumption of more consumer goods
5.
Multiple Choice
____ means total of real production of final goods and services available in the country.
Aggregate demand
Aggregate supply
Inflation
Aggregate output
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