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Guide for Test AMOS

Quiz Test AMOS

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/ 10

Quiz

1/10
Aggregate Demand
The aggregate market is the sum of circular flow transactions through the:
Select the answer
1 correct answer
A.
foreign exchange markets
B.
factor mercati
C.
financial markets
D.
product markets
E.
resource markets

Quiz

2/10
Aggregate Market
The aggregate market model measures real production with __________ and the price level with __________.
Select the answer
1 correct answer
A.
nominal GDP, the CPI
B.
real GDP, the CPI
C.
real GDP, the GDP price deflator
D.
nominal GDP, the unemployment rate
E.
national income, the GDP price deflator

Quiz

3/10
Aggregate Shocks
In terms of the aggregate market, the curve (or curves) using the ceteris paribus assumption is (are):
Select the answer
1 correct answer
A.
AD, SRAS, LRAS.
B.
only the AD and SRAS.
C.
only the SRAS and LRAS.
D.
only the AD and LRAS.
E.
only the AD.

Quiz

4/10
Aggregate Supply
Aggregate supply is the relation between real production and:
Select the answer
1 correct answer
A.
scarcity.
B.
the price level.
C.
aggregate expenditures.
D.
foreign trade.

Quiz

5/10
Banking
The critical function that separates a financial intermediary from other types of businesses is that it:
Select the answer
1 correct answer
A.
generates tax revenue for government spending.
B.
facilitates the exchange of retail goods.
C.
enables the exchange of corporate stock.
D.
provides insurance to car owners.
E.
diverts household saving to business investment.

Quiz

6/10
Business Cycles
The recurring, but not necessarily periodic changes in aggregate economic activity are termed:
Select the answer
1 correct answer
A.
annual trends
B.
secular trends
C.
business cycles
D.
consumer cycles

Quiz

7/10
Circular Flow
Being a human being who buys goods and services to satisfy unlimited wants and needs would put you in the:
Select the answer
1 correct answer
A.
household sector
B.
business sector
C.
government sector
D.
foreign sector
E.
market sector

Quiz

8/10
Classical Economics
Classical economics was the predominant economic theory:
Select the answer
1 correct answer
A.
prior to the late 1700s.
B.
from the late 1700s to the early 1900s.
C.
from the 1930s to the 1970s.
D.
since the 1970s.
E.
at no time in the history of western civilization.

Quiz

9/10
Cost
In economics, the opportunity cost of production includes:
Select the answer
1 correct answer
A.
pure profit.
B.
normal profit.
C.
economic profit.
D.
both economic and normal profit.
E.
both economic and pure profit.

Quiz

10/10
Demand
The highest price that buyers are willing and able to pay for a given quantity of a good is the:
Select the answer
1 correct answer
A.
shortage price.
B.
surplus price.
C.
determinant price.
D.
demand price.
E.
supply price.
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Info quiz:

  • Quiz name:Test AMOS
  • Total number of questions:347
  • Number of questions for the test:100
  • Pass score:80%
  • Number of topics:35 Topics
Study topics:Number of questions:
  • Aggregate Demand:10 Questions
  • Aggregate Market:10 Questions
  • Aggregate Shocks:10 Questions
  • Aggregate Supply:10 Questions
  • Banking:10 Questions
  • Business Cycles:10 Questions
  • Circular Flow:10 Questions
  • Classical Economics:9 Questions
  • Cost:10 Questions
  • Demand:10 Questions
  • Economic Basics:10 Questions
  • Economic Science:10 Questions
  • Elasticity:10 Questions
  • Federal Reserve:10 Questions
  • Firm:10 Questions
  • Gross Domestic Product:10 Questions
  • Keynesian Basics:9 Questions
  • Keynesian Consumption:10 Questions
  • Keynesian Equilibrium:10 Questions
  • Keynesian Investment:10 Questions
  • Keynesian Multiplier:10 Questions
  • Macro Basics:10 Questions
  • Market:10 Questions
  • Market Shocks:10 Questions
  • Money:10 Questions
  • Money Creation:10 Questions
  • Monopolistic Competition:10 Questions
  • Monopoly:10 Questions
  • Oligopoly:10 Questions
  • Production:9 Questions
  • Production Possibilities:10 Questions
  • Resource Markets:10 Questions
  • Scarcity:10 Questions
  • Supply:10 Questions
  • Utility:10 Questions

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