Economic Growth and Sustainability Quiz by Shubhrata Shrestha | Jul 2, 2025 | 0 comments Economic Growth and Sustainability Quiz 1. What is indicated by a negative output gap? A) Economy is overheating B) Inflation is accelerating C) Resources are underutilised D) Output exceeds capacity None 2. Which of the following is a supply-side policy to promote growth? A) Decreasing interest rates B) Export tariffs C) Government training programs D) Expansionary fiscal policy None 3. Which policy is most likely to support inclusive growth? A) Reducing corporate tax B) Introducing regressive taxation C) Increasing access to quality education D) Deregulating labour laws None 4. A peak in the business cycle is characterised by: A) Rising unemployment B) Maximum output and full resource use C) Declining aggregate demand D) Deflationary pressure None 5. A carbon tax is an example of a policy aimed at: A) Encouraging immigration B) Supporting monopolies C) Promoting sustainable growth D) Increasing consumption None 6. Automatic stabilisers include: A) Foreign aid and imports B) Progressive taxes and welfare payments C) Monetary policy tools D) Central bank reserves None 7. Potential growth increases when: A) Unemployment rises B) Aggregate demand falls C) Labour productivity improves D) Inflation decreases None 8. What happens during the contraction phase of the business cycle? A) GDP rises B) Inflation surges C) Consumer confidence grows D) Output and employment fall None 9. Which best describes inclusive economic growth? A) Growth limited to urban areas B) Growth driven by exports only C) Growth shared broadly across society D) Growth focused on industry alone None 10. Sustainable growth includes: A) Excessive use of natural resources B) Ignoring long-term environmental effects C) Economic expansion with conservation D) Policies focused only on GDP rise None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
