Business & Finance

Master Core Theory in Six Questions

A concise quiz designed to gauge your grasp of fundamental principles without jargon.

#macroeconomics#microeconomics#inflation#market equilibrium#fiscal policy#supply demand

Total Questions

Difficulty Level

medium

Progress

0/0

Quiz Questions

Answer all questions below and test your knowledge.

1
What does the term opportunity cost represent in economic decision‑making?
Question 1
2
Which policy tool is most directly used by a central bank to influence short‑term interest rates?
Question 2
3
In a perfectly competitive market, a firm experiences zero economic profit in the long run because
Question 3
4
If a country’s current account shows a deficit, which of the following must also be true?
Question 4
5
Which of the following best describes a price floor set above the equilibrium price?
Question 5
6
During a recession, which fiscal measure is most contractionary?
Question 6

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