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 natural rate of unemployment refers to:
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21 mark
Cost-push inflation is caused by:
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31 mark
Economic growth is most commonly measured by:
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41 mark
Cyclical unemployment is caused by:
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51 mark
The consumer price index (CPI) measures inflation by:
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61 mark
The natural rate of unemployment refers to:
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71 mark
The consumer price index (CPI) measures inflation by:
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81 mark
Cyclical unemployment is caused by:
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91 mark
Demand-pull inflation is caused by:
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101 mark
Economic growth is most commonly measured by:
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111 mark
Cost-push inflation is caused by:
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121 mark
Demand-pull inflation is caused by:
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131 mark
Deflation is potentially harmful because:
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141 mark
A policy designed to reduce inflation (e.g. raising interest rates) may conflict with the objective of:
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151 mark
Deflation is potentially harmful because:
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161 mark
Rapid economic growth may conflict with the objective of price stability because:
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171 mark
A conflict between economic growth and environmental sustainability arises because:
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181 mark
Structural unemployment occurs when:
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191 mark
The Phillips curve suggests that there is a trade-off between:
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201 mark
Structural unemployment occurs when:
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