Macro Policy Video Quiz

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A short quiz to ensure you understand the key points from the "Macro Policy" video [https://youtu.be/8fiFf8n2K4w]

Does the video argue that policymakers can control aggregate demand? *

1 point

Yes

What are the 2 ways to affect aggregate demand? *

2 points

Incomes Policy

Fiscal Policy

Monetary Policy

Structural Policy

Required

What do I claim is the goal of a central bank? *

1 point

A strong currency

Monetary credibility

A strong platform for economic growth

A fair income distribution

How do central banks control inflation? *

1 point

Reducing the money supply during a crisis

Increasing the money supply during a boom

Ensuring that the money supply is under control

Ensuring that the money supply is constant

What do I claim is the goal of a finance ministry? *

1 point

An adequate money supply

A permanently balanced budget

Fiscal discipline

Low public debt

Who, typically, is responsible for each policy? *

3 points

Treasury/Ministry of finance

State department/Foreign office

Central bank

Monetary policy

Fiscal policy

Structural policy

Which statement is true? *

1 point

Aggregate demand policy determines potential growth

Aggregate demand policy has no impact on potential growth

Good aggregate demand policy will deliver potential growth

Good aggregate demand policy will increase potential growth

Submit

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