Macroeconomics — Test Answers

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The main role of banks in the nation’s economy is to

store, lend, and borrow money.

store, lend, and invest money.

store, lend, and distribute money.

store, lend, and approve money.

Which sector of Germany’s economy had the highest GDP?

services

industry

technology

agriculture

Time is measured along the x -axis. What is measured along the y -axis?

prices

employment levels

demand

economic output

A conclusion that can be drawn from both graphs by looking at 1983 is that interest rates

climbed, which led to fewer home starts.

bottomed out, while home starts peaked.

dropped, which led to more home starts.

peaked, while home starts bottomed out.

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