Economics 102: Macroeconomics Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. What entity is involved when banks agree to pay the discount rate for direct borrowing?

Question 2 2. Money supply and inflation are two items that factor into WHAT monetary theory?

Question 3 3. The New York branch of the Federal Reserve:

Question 4 4. What economic practice is employed to increase aggregate demand?

Question 5 5. A think tank of prominent economists are meeting during an economic recession. Many competing ideas are presented for debate. Based on your knowledge, which strategy is MOST likely to be selected to promote economic expansion?

Question 6 6. An increase in infrastructure projects, such as new parks and roads, initiated by the federal government is a likely signal that WHAT condition is present in the U.S. economy?

Question 7 7. In which direction will a change in quantity shift the supply curve?

Question 8 8. Demand has increased for goods and services. How would this be represented on a demand curve?

Question 9 9. Which of the following is an example of a list of goods at a price that a person is willing to pay?

Question 10 10. John has purchased an investment tool at his bank; it is a contractual claim which states that he will be able to derive monetary value at the end of two years. This tool is MOST likely considered a:

Question 11 11. According to the logic undergirding the time value of money, economists recognize that a dollar received _____ is worth more than a dollar received _____.

Question 12 12. Which type of reserve is associated with the fractional reserve banking system?

Question 13 13. Gross private domestic investment is one of four expenditure values used in:

Question 14 14. Heightened investments in research and development and natural resources, coupled with a higher savings rate, ALL increase:

Question 15 15. The assembly line equipment used to produce an automobile would be considered:

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Economics 102: Macroeconomics Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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