Ch 119: NMTA Social Science: Macroeconomic Equilibrium

About This Chapter

We can help you learn what you need to know about macroeconomic equilibrium for the NMTA Social Science Exam. These video lessons and self-assessment quizzes give you several avenues of information that can make it easier for you to correctly answer related questions on the test.

NMTA Social Science: Macroeconomic Equilibrium - Chapter Summary

Use the lessons that make up this chapter as part of your review of macroeconomic equilibrium, as you prepare to take the NMTA Social Science Exam. The videos go over all the important content, including:

  • Real output and the real Gross Domestic Product
  • Price levels
  • Full employment GDP
  • The business cycle
  • Recession vs. depression

Our knowledgeable instructors can guide you through all aspects of the subject, highlighting the important concepts, in preparation for the test. By learning via different approaches, including quizzes, a chapter exam, real-world examples and illustrations, the process of studying for the NMTA Social Science exam becomes more efficient and enjoyable.

Objectives of the NMTA Social Science: Macroeconomic Equilibrium Chapter

The NMTA Social Science Exam evaluates your knowledge and understanding of many areas of social science. The exam is used as part of the teacher licensing process in the state of New Mexico. The topics in this Macroeconomic Equilibrium chapter fall within the Economics content domain, which provides 12% of the test questions.

The NMTA Social Science Exam is made up of 150 multiple-choice questions. You will read passages or questions. Each will be followed by several possible answers. You'll be asked to select the single correct answer from the possibilities shown you.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the NMTA Social Science (303): Practice & Study Guide course