Economic Policy Test Questions with
Verified Answers Graded A
According to the scenario, what is the greatest economic challenge that Country D is
facing? - Ans -inflation
Public policy can be best defined as - Ans -a course of action the government takes in
response to an issue or problem.
The best conclusion that can be drawn from the graph is that the number of nonfarm jobs -
Ans -started going down in 2008.
When an economy suffers from low production, a country cannot - Ans -enjoy a
steady rate of economic growth.
Based on the scenario, who is most affected by the situation taking place within Country
D? - Ans -the government, workers, and businesses of Country D
Which of these statements describes what the diagram is showing? - Ans -Economic
policy must reach a balance between needs and ideals.
In a free enterprise system, what are the goals of government? Check all that apply. -
Ans -to ensure safety for its citizens
to ensure that citizens' needs are met
to solve the problem of poverty
to ensure that the market is fair
1
Page
Verified Answers Graded A
According to the scenario, what is the greatest economic challenge that Country D is
facing? - Ans -inflation
Public policy can be best defined as - Ans -a course of action the government takes in
response to an issue or problem.
The best conclusion that can be drawn from the graph is that the number of nonfarm jobs -
Ans -started going down in 2008.
When an economy suffers from low production, a country cannot - Ans -enjoy a
steady rate of economic growth.
Based on the scenario, who is most affected by the situation taking place within Country
D? - Ans -the government, workers, and businesses of Country D
Which of these statements describes what the diagram is showing? - Ans -Economic
policy must reach a balance between needs and ideals.
In a free enterprise system, what are the goals of government? Check all that apply. -
Ans -to ensure safety for its citizens
to ensure that citizens' needs are met
to solve the problem of poverty
to ensure that the market is fair
1
Page
