Unit 3: Macroeconomics

Topic 3.3: Macroeconomic Objectives Questions

Practice 20 exam-style questions for IB Economics Topic 3.3. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.

11 mark
The consumer price index (CPI) measures inflation by:
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21 mark
The consumer price index (CPI) measures inflation by:
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31 mark
Economic growth is most commonly measured by:
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41 mark
The natural rate of unemployment refers to:
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51 mark
Demand-pull inflation is caused by:
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61 mark
Economic growth is most commonly measured by:
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71 mark
Cost-push inflation is caused by:
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81 mark
Cyclical unemployment is caused by:
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91 mark
Cyclical unemployment is caused by:
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101 mark
Demand-pull inflation is caused by:
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111 mark
Cost-push inflation is caused by:
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121 mark
The natural rate of unemployment refers to:
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134 marks
Distinguish between demand-pull and cost-push inflation.
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144 marks
Explain the relationship between economic growth and unemployment.
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151 mark
Deflation is potentially harmful because:
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164 marks
Explain two economic costs of unemployment.
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171 mark
Structural unemployment occurs when:
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181 mark
A conflict between economic growth and environmental sustainability arises because:
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194 marks
Explain why the unemployment rate may not accurately measure the true level of unemployment.
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204 marks
Explain two limitations of the consumer price index (CPI) as a measure of inflation.
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