Macroeconomics

Table of Contents

1. Topic pack - Macroeconomics - introduction
2. 2.1 The level of overall economic activity (notes)
3. 2.1 The level of overall economic activity (questions)
4. Section 2.2 Aggregate demand and supply (notes)
5. Section 2.2 Aggregate demand and supply (simulations and activities)
6. 2.2 Aggregate Demand and Aggregate Supply (questions)
7. 2.3 Macroeconomic objectives (notes)
8. Low Unemployment
9. 2.3 Macroeconomic objectives (questions)
10. 2.4 Fiscal policy (notes)
11. 2.4 Fiscal policy (questions)
12. 2.5 Monetary policy (notes)
13. 2.5 Monetary Policy (questions)
14. Section 2.6 Supply-side policies (notes)
15. 2.6 Supply-side policies (questions)
    1. Self-test questions
    2. Short questions
    3. Data response (1)
    4. Data response (2)
    5. Long questions
16. Print View

Self-test questions

1

Supply-side policies Which of the following is NOT something on which supply-side policies are normally focused? a) Removing market imperfections b) Removing restrictive practices c) Making work more attractive d) Encouraging savings Yes, that's correct. Well done. This is not part of conventional supply-side economics.No, that's not right. The correct answer is D as this is not part of conventional supply-side economics. The rest are all part of normal supply-side targets.Your answer has been saved.

2

Supply-side policies Which of the following would be considered supply-side policies? Tick all answers that are correct. a) Increasing investment allowances for firms to encourage investment b) Increasing income tax to reduce aggregate demand c) Allowing training costs to be reclaimed against tax d) Increasing interest rates e) Reducing regulations relating to employment f) Imposing credit controls to limit borrowing Yes, that's correct. Supply-side policies are policies that are aimed at boosting the level of aggregate supply in the economy.No, that's not right. Supply-side policies are policies that are aimed at boosting the level of aggregate supply in the economy. Changes in interest rates and credit controls are monetary policy.Your answer has been saved.