2 - Major Goals of Macroeconomics
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Practice Questions
Test your understanding with targeted questions
What does economic growth refer to?
💡 Hint: Think about how the economy improves with higher production.
Define full employment in simple terms.
💡 Hint: Consider how many people are employed in a healthy economy.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary indicator of economic growth?
💡 Hint: Look for the measure that indicates an increase in production.
True or False: Full employment means zero unemployment.
💡 Hint: Consider that people transition between jobs even in a fully employed economy.
1 more question available
Challenge Problems
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Evaluate the potential impacts of sustained inflation on economic growth and employment.
💡 Hint: Consider how increased prices influence consumer behavior.
Propose a set of policies that could help achieve full employment in a region experiencing high structural unemployment.
💡 Hint: Think about the demographics of the unemployed and what training they might need.
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