FOUTH QUIZ FOR ECONS 204: MACRO ECONOMICS II Days Hours Minutes Seconds INSTRUCTIONS: Pick the correct answers from the options Leave this field blank Your Name: Reg. Number Your Department: Course of Study: What is the primary goal of monetary policy? (A) Boosting government spending (B) Controlling inflation and unemployment (C) Regulating taxation (D) Encouraging price stability. What is the purpose of reserve requirements in monetary policy? (A) To control inflation (B) To regulate government spending (C) To influence the money supply in the economy (D) To set interest rates. What is the aim of contractionary fiscal policy? (A) Stimulating economic growth (B) Preventing inflation (C) Increasing aggregate demand (D) Boosting consumer spending. In which markets are price ceilings commonly applied? (A) Luxury goods (B) Technology markets (C) Fashion markets markets (D) Essential goods markets What is the purpose of a price floor? (A) To encourage price competition (B) To ensure fair wages for workers or protect producers (C) To reduce consumer demand (D) To stimulate market flexibility. Submit
