8/11/2020 Assessment Test for Week 3 (ECO2)

Assessment Test for Week 3 (ECO2)

Macroeconomic Goals
* Required

1. Email address *

2. The Problems in Economics can be dealt through * 1 point

Mark only one oval.

Macroeconomics

Microeconomics

3. Which is not a macroeconomic goal? * 1 point

Mark only one oval.

Environmental Degradation

Protecting Labor

Economic Growth

Equitable Income Distribution

4. Which is an indicator of Economic Output * 1 point

Mark only one oval.

Unemployment Rate

Inflation Rate

GDP

GINI Coefficient

https://docs.google.com/forms/d/1FYSi8DwU0LhdRDYHyAbSgOb5lljCnuWGQTtiVP0z1ws/edit 1/3
8/11/2020 Assessment Test for Week 3 (ECO2)

5. The Primary concern of Labor is to have FULL EMPLOYMENT * 1 point

Mark only one oval.

True

False

6. Price Freeze is an example of Stable Prices * 1 point

Mark only one oval.

True

False

7. Being an Export Oriented Country will make the Country Richer * 1 point

Mark only one oval.

True

False

8. Because of the remittance from the OFWs we have sufficient dollar reserves * 1 point

Mark only one oval.

True

False

https://docs.google.com/forms/d/1FYSi8DwU0LhdRDYHyAbSgOb5lljCnuWGQTtiVP0z1ws/edit 2/3
8/11/2020 Assessment Test for Week 3 (ECO2)

9. Supplemental Development should be considered to safeguard the future 1 point

consumption *

Mark only one oval.

True

False

10. What is the curve that measures (Y is Income and X is the Population)? * 1 point

Mark only one oval.

Philips Curve

Okun's Curve

Lorenz Curve

Demand Curve

11. We use GINI Coefficient to measure the GAP of the INCOME DISTRIBUTION * 1 point

Mark only one oval.

True

False

This content is neither created nor endorsed by Google.

 Forms

https://docs.google.com/forms/d/1FYSi8DwU0LhdRDYHyAbSgOb5lljCnuWGQTtiVP0z1ws/edit 3/3