Quiz: Introduction to Macroeconomics

Business mixed 9 Questions

Q1 Beginner 1 pts

According to the document, what is the main difference between macroeconomics and microeconomics? Video Reference:
"Macroeconomics (Greek makro = 'big') describes and explains economic processes that concern aggregat..."

Q2 Beginner 1 pts

The document gives an example distinguishing macroeconomics from microeconomics. Which of these is the macroeconomic issue? Video Reference:
"Example : The decision of a ﬁrm to purchase a new o ﬃce chair from company X is not a macroeconomic ..."

Q3 Intermediate 2 pts

According to the document, what are the three typical aspects of macroeconomic models? Video Reference:
"Typically, such models have three aspects: the 'story', the mathematical model, and a graphical repr..."

Q4 Intermediate 2 pts

The document discusses the 'magical pentagon' of good economic policy targets. Which of the following is NOT one of those five targets? Video Reference:
"policy targets : traditionally, the 'magical pentagon' of good economic growth, stable prices, full ..."

Q5 Intermediate 2 pts

According to the document, the EMU criteria focus on which of the following targets? Video Reference:
"according to the EMU criteria, focus on in ﬂation (around 2%), public debt, and a balanced budget;..."

Q6 Beginner 1 pts

The document surveys three major economic blocks in the world. Which block is described as having recently weak growth, a large external surplus, and deflationary tendencies? Video Reference:
"Japan : recently weak growth, large external surplus, de ﬂationary tendencies...."

Q7 Beginner 1 pts

According to the document, the basic idea of the gross domestic product (GDP) is the summary of all economic activities within a country's territory and within a given time range. Video Reference:
"Basic idea (not the de ﬁnition) :Summary of all economic activities within a country's territory and..."

Q8 Advanced 3 pts

The document explains that in the System of National Accounts (SNA), 'gross' usually means: Video Reference:
"In the SNA, 'gross' usually means 'inclusive of depreciation', 'net' often contains taxes, though no..."

Q9 Advanced 3 pts

According to the document, which of the following are considered types of 'institutional units' in the System of National Accounts? Video Reference:
"Types of institutional units are: private households, general government, ﬁnancial and non- ﬁnancial..."

Quiz: Introduction to Macroeconomics

According to the document, what is the main difference between macroeconomics and microeconomics? Video Reference:
"Macroeconomics (Greek makro = 'big') describes and explains economic processes that concern aggregat..."

The document gives an example distinguishing macroeconomics from microeconomics. Which of these is the macroeconomic issue? Video Reference:
"Example : The decision of a ﬁrm to purchase a new o ﬃce chair from company X is not a macroeconomic ..."

According to the document, what are the three typical aspects of macroeconomic models? Video Reference:
"Typically, such models have three aspects: the 'story', the mathematical model, and a graphical repr..."

The document discusses the 'magical pentagon' of good economic policy targets. Which of the following is NOT one of those five targets? Video Reference:
"policy targets : traditionally, the 'magical pentagon' of good economic growth, stable prices, full ..."

According to the document, the EMU criteria focus on which of the following targets? Video Reference:
"according to the EMU criteria, focus on in ﬂation (around 2%), public debt, and a balanced budget;..."

The document surveys three major economic blocks in the world. Which block is described as having recently weak growth, a large external surplus, and deflationary tendencies? Video Reference:
"Japan : recently weak growth, large external surplus, de ﬂationary tendencies...."

The document explains that in the System of National Accounts (SNA), 'gross' usually means: Video Reference:
"In the SNA, 'gross' usually means 'inclusive of depreciation', 'net' often contains taxes, though no..."

According to the document, which of the following are considered types of 'institutional units' in the System of National Accounts? Video Reference:
"Types of institutional units are: private households, general government, ﬁnancial and non- ﬁnancial..."

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Quiz: Introduction to Macroeconomics

According to the document, what is the main difference between macroeconomics and microeconomics? Video Reference: "Macroeconomics (Greek makro = 'big') describes and explains economic processes that concern aggregat..."

The document gives an example distinguishing macroeconomics from microeconomics. Which of these is the macroeconomic issue? Video Reference: "Example : The decision of a ﬁrm to purchase a new o ﬃce chair from company X is not a macroeconomic ..."

According to the document, what are the three typical aspects of macroeconomic models? Video Reference: "Typically, such models have three aspects: the 'story', the mathematical model, and a graphical repr..."

The document discusses the 'magical pentagon' of good economic policy targets. Which of the following is NOT one of those five targets? Video Reference: "policy targets : traditionally, the 'magical pentagon' of good economic growth, stable prices, full ..."

According to the document, the EMU criteria focus on which of the following targets? Video Reference: "according to the EMU criteria, focus on in ﬂation (around 2%), public debt, and a balanced budget;..."

The document surveys three major economic blocks in the world. Which block is described as having recently weak growth, a large external surplus, and deflationary tendencies? Video Reference: "Japan : recently weak growth, large external surplus, de ﬂationary tendencies...."

The document explains that in the System of National Accounts (SNA), 'gross' usually means: Video Reference: "In the SNA, 'gross' usually means 'inclusive of depreciation', 'net' often contains taxes, though no..."

According to the document, which of the following are considered types of 'institutional units' in the System of National Accounts? Video Reference: "Types of institutional units are: private households, general government, ﬁnancial and non- ﬁnancial..."

Share This Quiz

Calculating Your Results...

According to the document, what is the main difference between macroeconomics and microeconomics? Video Reference:
"Macroeconomics (Greek makro = 'big') describes and explains economic processes that concern aggregat..."

The document gives an example distinguishing macroeconomics from microeconomics. Which of these is the macroeconomic issue? Video Reference:
"Example : The decision of a ﬁrm to purchase a new o ﬃce chair from company X is not a macroeconomic ..."

According to the document, what are the three typical aspects of macroeconomic models? Video Reference:
"Typically, such models have three aspects: the 'story', the mathematical model, and a graphical repr..."

The document discusses the 'magical pentagon' of good economic policy targets. Which of the following is NOT one of those five targets? Video Reference:
"policy targets : traditionally, the 'magical pentagon' of good economic growth, stable prices, full ..."

According to the document, the EMU criteria focus on which of the following targets? Video Reference:
"according to the EMU criteria, focus on in ﬂation (around 2%), public debt, and a balanced budget;..."

The document surveys three major economic blocks in the world. Which block is described as having recently weak growth, a large external surplus, and deflationary tendencies? Video Reference:
"Japan : recently weak growth, large external surplus, de ﬂationary tendencies...."

The document explains that in the System of National Accounts (SNA), 'gross' usually means: Video Reference:
"In the SNA, 'gross' usually means 'inclusive of depreciation', 'net' often contains taxes, though no..."

According to the document, which of the following are considered types of 'institutional units' in the System of National Accounts? Video Reference:
"Types of institutional units are: private households, general government, ﬁnancial and non- ﬁnancial..."