Practice Government and Macroeconomic Policy - 4 | 3. Macroeconomics | IB 10 Individuals & Societies - Economics
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Government and Macroeconomic Policy

4 - Government and Macroeconomic Policy

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Learning

Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is public spending?

💡 Hint: Think about what the government pays for.

Question 2 Easy

What is a subsidy?

💡 Hint: Consider government support for farmers or renewable energy.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What role does public spending play in the economy?

Creates jobs
Increases taxes
Reduces GDP

💡 Hint: Think about what happens when the government builds projects.

Question 2

True or False: Subsidies help reduce income inequality.

True
False

💡 Hint: Consider who receives subsidies and their impact.

1 more question available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Assess the impact of a government's decision to increase taxes significantly while cutting public spending.

💡 Hint: Consider the effects on individuals' disposable income.

Challenge 2 Hard

Design a subsidy program aimed at reducing economic inequality in a specific sector. What factors would you consider?

💡 Hint: Think about what sector you would choose and why.

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Reference links

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