Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What does aggregate demand consist of?
💡 Hint: Think about the components that influence total demand.
Question 2
Easy
What is the effect of an increase in government spending?
💡 Hint: Consider how government projects create jobs and income.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is aggregate demand?
- Total consumer spending only
- Total demand for goods and services in an economy
- Total government expenditure
💡 Hint: Think about the different ways people and businesses demand goods.
Question 2
True or False: Unemployment can only be frictional.
- True
- False
💡 Hint: Recall the different employment classifications discussed.
Solve 2 more questions and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Calculate the effect of a government spending increase of $500 million on aggregate demand if the marginal propensity to consume (MPC) is 0.8.
💡 Hint: Use the multiplier effect to find the total increase in aggregate demand.
Question 2
Discuss how a significant rise in interest rates might lead to higher unemployment levels in an economy.
💡 Hint: Consider the relationship between interest rates, consumer behavior, and business investment.
Challenge and get performance evaluation