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Free CFA Economics Practice Questions & Answers

2,050 exam-style Economics questions. Pick your answer, hit Check answer, and see the worked solution — free to start, no signup.

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Question 1531

In recovery, production lags sales because:

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Question 1532

In slowdown, rising inventories signal:

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Question 1533

In contraction, firms produce below sales levels to:

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Question 1534

Leading indicators are valuable because they:

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Question 1535

Composite indicators differ across countries because:

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Question 1536

Household consumption decisions can significantly impact the economy because:

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Question 1537

A single household’s consumption decision has:

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Question 1538

Government decisions have large economic impacts because:

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Question 1539

Governments are major borrowers because:

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Question 1540

Fiscal policy refers to government decisions about:

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Question 1541

Both monetary and fiscal policy aim to:

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Question 1542

A key goal of economic policy is to avoid:

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Question 1543

Economic shocks such as oil price jumps:

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Question 1544

Poorly designed government policies can:

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Question 1545

Fiscal policy affects aggregate demand by influencing:

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Question 1546

Cutting personal income taxes is an example of:

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Question 1547

Cutting sales taxes raises aggregate demand because:

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Question 1548

Cutting corporate taxes may increase:

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Question 1549

New public spending on infrastructure is:

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Question 1550

Keynesians believe fiscal policy:

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Question 1551

Monetarists believe fiscal policy:

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Question 1552

Monetarists generally prefer using:

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Question 1553

Expansionary fiscal policy during recession includes:

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Question 1554

Contractionary fiscal policy during a boom includes:

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Question 1555

A budget surplus occurs when:

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Question 1556

A rising budget surplus indicates:

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Question 1557

A rising budget deficit indicates:

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Question 1558

Automatic stabilizers work by:

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Question 1559

Rising unemployment benefits during recession are an example of:

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Question 1560

Rising tax revenues during a boom are an example of:

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Free CFA Economics Practice Questions & Answers

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Thank you