100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Test Bank: Exam (elaborations) Macroeconomics (BFE0019) £4.46   Add to cart
Quickly navigate to
Preview
  2.  
  3. The University Of Huddersfield (UoH)
  4.  
  5. Macroeconomics (BFE0019)

Exam (elaborations)

Test Bank: Exam (elaborations) Macroeconomics (BFE0019)

 9 views  0 purchase

Your document focuses on exam questions specifically related to the first topic in macroeconomics. It includes essential questions that cover fundamental concepts, such as the definition of macroeconomics, key economic indicators like GDP and inflation, and the differences between macro and microec...

[Show more]

Preview 1 out of 3  pages

Document information

  • October 7, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Only questions

Subjects

Written for

All documents for this subject (2)

Seller

avatar-seller
khadijahzahir

Content preview

Macroeconomics: Test Bank questions

1. Which of the following statements are TRUE?

A- Economy fluctuates in short tun due to spending

B- Economy grows in long run due to population growth
C- Demand side policies (monetary/fiscal policy) minimise short run
fluctuations stablise spending
D- Supply side policies aim to increase long run growth promote
investment and innovation
E- All the above



2. Which of the following statements are TRUE?

A- Economy grows in short tune due to volatility in spending
B- Economy fluctuates in long run due to population growth
C-Demand side policies (monetary/fiscal policy) minimise short run
fluctuations stablise spending
D-Supply side policies aim to increase long run growth promote
investment and innovation
E- All the above

3. Which other following statements are TRUE?

A- GDP measures total production within an economy in a year
B- GDP measures total income within an economy in a year
C- GDP measures total expenditure in an economy in a year
D- All the above

4. Which of the following statements are TRUE?

A- If country A gas a higher GDP, then country B it means country A
has a bigger economy than country B not necessarily means
people who live in country A are richer
B- GDP per capita measures average incomes in economy
C- If country A has a higher GDP per capita than country B it means
people who live in country A are richer than country B does not
necessarily mean they have a bigger economy

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller khadijahzahir. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £4.46. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78861 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£4.46
  • (0)
  Add to cart