12th Economics 2nd Revision Quiz 2024

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4 Questions

Which of the following is considered a key factor in determining the overall economic growth of a country?

What is the primary function of a government budget?

What effect does an increase in interest rates by the central bank have on the economy?

What would be the likely outcome of a decrease in the exchange rate of a country's currency?

Description

Test your understanding of key factors influencing economic growth, the impact of central bank interest rate changes, the primary purpose of government budgets, and the potential outcomes of fluctuations in exchange rates.

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