answer
string
choices
dict
id
string
kind
string
lang
string
question
string
steps
list
subject
string
text
string
topic
string
The interest is 65.
null
eco_0051
worked_example
en
Principal 1300, rate 5% for one year. What is the interest?
[ "1300 x 5%.", "Interest = 65.", "Result 65." ]
economics
Answer: 65. Steps: 1. 1300 x 5%. 2. Interest = 65. 3. Result 65.
monetary_policy
A deficit means spending exceeds revenue, while a surplus means revenue exceeds spending.
null
eco_0052
concept
en
How do deficit and surplus differ?
[ "G over T: deficit.", "T over G: surplus.", "Yearly flow." ]
economics
Answer: Spending versus revenue. Steps: 1. G over T: deficit. 2. T over G: surplus. 3. Yearly flow.
fiscal_policy
The import share is 42%.
null
eco_0053
worked_example
en
Imports 420, GDP 1000. What is the import share?
[ "420 / 1000.", "Share = 42%.", "Result 42%." ]
economics
Answer: 42%. Steps: 1. 420 / 1000. 2. Share = 42%. 3. Result 42%.
trade
165 remain unemployed.
null
eco_0054
worked_example
en
Unemployed 200, 35 find jobs. How many remain?
[ "200 - 35.", "Remain = 165.", "Result 165." ]
economics
Answer: 165. Steps: 1. 200 - 35. 2. Remain = 165. 3. Result 165.
labor
Average cost is 100.
null
eco_0055
worked_example
en
Total cost 1000 for 10 units. What is average cost?
[ "1000 / 10.", "AC = 100.", "Result 100." ]
economics
Answer: 100. Steps: 1. 1000 / 10. 2. AC = 100. 3. Result 100.
micro
GDP per capita is 70 thousand.
{ "A": "70", "B": "65", "C": "75", "D": "80" }
eco_0056
multiple_choice
en
GDP 700 billion, population 10 million. What is GDP per capita (thousands)?
[ "700 / 10.", "Per capita = 70.", "Select option A." ]
economics
Answer: 70. Steps: 1. 700 / 10. 2. Per capita = 70. 3. Select option A. Answer: (A)
macro
Banks keep a fraction of deposits as reserves and lend the rest, creating deposits.
null
eco_0057
concept
en
How does fractional reserve banking work?
[ "Deposit arrives.", "Reserve part.", "Lend remainder." ]
economics
Answer: Keep fraction, lend rest. Steps: 1. Deposit arrives. 2. Reserve part. 3. Lend remainder.
monetary_policy
The multiplier is 4.
{ "A": "5", "B": "3", "C": "4", "D": "6" }
eco_0058
multiple_choice
en
MPC is 0.75. What is the spending multiplier?
[ "1 / (1-0.75).", "k = 4.", "Select option C." ]
economics
Answer: 4. Steps: 1. 1 / (1-0.75). 2. k = 4. 3. Select option C. Answer: (C)
fiscal_policy
Komparativní výhoda je výroba s nižšími náklady obětované příležitosti.
null
eco_0059
concept
cs
Co je komparativní výhoda?
[ "Porovnej poměry.", "Specializuj se.", "Oba získají." ]
economics
Answer: Nižší alternativní náklady. Steps: 1. Porovnej poměry. 2. Specializuj se. 3. Oba získají.
trade
The real wage is 3200.
null
eco_0060
worked_example
en
Wage 4800, CPI 150. What is the real wage?
[ "4800 / 150 x 100.", "Real = 3200.", "Result 3200." ]
economics
Answer: 3200. Steps: 1. 4800 / 150 x 100. 2. Real = 3200. 3. Result 3200.
labor
The price rises 60%.
null
eco_0061
worked_example
en
Price rises from 20 to 32. What is the percent change?
[ "(32-20)/20.", "Change = 60%.", "Result 60%." ]
economics
Answer: 60%. Steps: 1. (32-20)/20. 2. Change = 60%. 3. Result 60%.
micro
Nominal GDP uses current prices while real GDP uses base-year prices to remove inflation.
null
eco_0062
concept
en
How do nominal and real GDP differ?
[ "Nominal includes prices.", "Real fixes prices.", "Real shows volume." ]
economics
Answer: Current versus base prices. Steps: 1. Nominal includes prices. 2. Real fixes prices. 3. Real shows volume.
macro
Úroková sazba je cena půjčky, tedy výnos věřitele a náklad dlužníka.
null
eco_0063
concept
cs
Co je úroková sazba?
[ "Věřitel bere.", "Dlužník platí.", "Ovlivní poptávku." ]
economics
Answer: Cena peněz. Steps: 1. Věřitel bere. 2. Dlužník platí. 3. Ovlivní poptávku.
monetary_policy
Output rises 160.
null
eco_0064
worked_example
en
MPC 0.8, transfers rise 40. How much does output rise?
[ "Transfer k = 4.", "4 x 40.", "Rise = 160." ]
economics
Answer: 160. Steps: 1. Transfer k = 4. 2. 4 x 40. 3. Rise = 160.
fiscal_policy
50 dollars is 1200 korunas.
{ "A": "1200", "B": "1150", "C": "1250", "D": "1100" }
eco_0065
multiple_choice
en
Rate 24 korunas per dollar. What is 50 dollars in korunas?
[ "50 x 24.", "Korunas = 1200.", "Select option A." ]
economics
Answer: 1200. Steps: 1. 50 x 24. 2. Korunas = 1200. 3. Select option A. Answer: (A)
trade
The employment rate is employed workers as a share of the adult population.
null
eco_0066
concept
en
What is the employment rate?
[ "Count employed.", "Divide adults.", "Percent." ]
economics
Answer: Employed over adults. Steps: 1. Count employed. 2. Divide adults. 3. Percent.
labor
Consumer surplus is 450.
null
eco_0067
worked_example
en
Max price 30, market price 20, quantity 90. What is consumer surplus?
[ "0.5 x 10 x Q.", "CS = 450.", "Result 450." ]
economics
Answer: 450. Steps: 1. 0.5 x 10 x Q. 2. CS = 450. 3. Result 450.
micro
Inflace je trvalý růst cenové hladiny, který snižuje kupní sílu peněz.
null
eco_0068
concept
cs
Co je inflace?
[ "Ceny rostou.", "Peníze ztrácejí.", "Měří CPI." ]
economics
Answer: Rostoucí ceny. Steps: 1. Ceny rostou. 2. Peníze ztrácejí. 3. Měří CPI.
macro
Prices double in about 35 years.
null
eco_0069
worked_example
en
Prices rise 2% yearly. In how many years do they double?
[ "70 / 2.", "Years = 35.", "Result 35." ]
economics
Answer: 35. Steps: 1. 70 / 2. 2. Years = 35. 3. Result 35.
monetary_policy
Dluhový poměr je 48 %.
null
eco_0070
worked_example
cs
Dluh 960, HDP 2000. Jaký je dluhový poměr?
[ "960 / 2000.", "Ratio = 48%.", "Result 48%." ]
economics
Answer: 48%. Steps: 1. 960 / 2000. 2. Ratio = 48%. 3. Result 48%.
fiscal_policy
Export growth is 25%.
null
eco_0071
worked_example
en
Exports rise from 400 to 500. What is the growth rate?
[ "(500-400)/400.", "Growth = 25%.", "Result 25%." ]
economics
Answer: 25%. Steps: 1. (500-400)/400. 2. Growth = 25%. 3. Result 25%.
trade
Unemployment is 11%.
null
eco_0072
worked_example
en
Unemployed 22, labor force 200. What is the unemployment rate?
[ "22 / 200.", "Rate = 11%.", "Result 11%." ]
economics
Answer: 11%. Steps: 1. 22 / 200. 2. Rate = 11%. 3. Result 11%.
labor
The law of supply says quantity supplied rises as price rises, holding other things equal.
null
eco_0073
concept
en
What is the law of supply?
[ "Raise price.", "Sellers offer more.", "Curve slopes up." ]
economics
Answer: Price up, quantity up. Steps: 1. Raise price. 2. Sellers offer more. 3. Curve slopes up.
micro
The expenditure approach sums consumption, investment, government spending, and net exports.
null
eco_0074
concept
en
What is the expenditure approach to GDP?
[ "Add consumption.", "Add investment.", "Add G and NX." ]
economics
Answer: C plus I plus G plus NX. Steps: 1. Add consumption. 2. Add investment. 3. Add G and NX.
macro
Present value is 1300.
{ "A": "1400", "B": "1200", "C": "1500", "D": "1300" }
eco_0075
multiple_choice
en
Payment 1430 in one year, rate 10%. What is present value?
[ "1430 / 1.1.", "PV = 1300.", "Select option D." ]
economics
Answer: 1300. Steps: 1. 1430 / 1.1. 2. PV = 1300. 3. Select option D. Answer: (D)
monetary_policy
Output rises 80.
null
eco_0076
worked_example
en
Spending and taxes both rise 80. How much does output rise?
[ "Balanced k = 1.", "1 x 80.", "Rise = 80." ]
economics
Answer: 80. Steps: 1. Balanced k = 1. 2. 1 x 80. 3. Rise = 80.
fiscal_policy
100 dollars is 2500 korunas.
{ "A": "2400", "B": "2500", "C": "2600", "D": "2450" }
eco_0077
multiple_choice
en
Rate 25 korunas per dollar. How many korunas for 100 dollars?
[ "100 x 25.", "Korunas = 2500.", "Select option B." ]
economics
Answer: 2500. Steps: 1. 100 x 25. 2. Korunas = 2500. 3. Select option B. Answer: (B)
trade
The real wage is 2200.
{ "A": "2100", "B": "2200", "C": "2300", "D": "2400" }
eco_0078
multiple_choice
en
Wage 2640, CPI 120. What is the real wage?
[ "2640 / 120 x 100.", "Real = 2200.", "Select option B." ]
economics
Answer: 2200. Steps: 1. 2640 / 120 x 100. 2. Real = 2200. 3. Select option B. Answer: (B)
labor
Break-even is 500 units.
null
eco_0079
worked_example
en
Fixed cost 5000, margin 10 per unit. What is break-even quantity?
[ "5000 / 10.", "BE = 500.", "Result 500." ]
economics
Answer: 500. Steps: 1. 5000 / 10. 2. BE = 500. 3. Result 500.
micro
The deflator is 106.
null
eco_0080
worked_example
en
Nominal GDP 1060, real GDP 1000. What is the deflator?
[ "1060 / 1000 x 100.", "Deflator = 106.", "Result 106." ]
economics
Answer: 106. Steps: 1. 1060 / 1000 x 100. 2. Deflator = 106. 3. Result 106.
macro
Doubling takes about 10 years.
{ "A": "10", "B": "11", "C": "9", "D": "15" }
eco_0081
multiple_choice
en
Growth 7% yearly. About how many years to double?
[ "70 / 7.", "Years = 10.", "Select option A." ]
economics
Answer: 10. Steps: 1. 70 / 7. 2. Years = 10. 3. Select option A. Answer: (A)
monetary_policy
Public debt is the stock of accumulated past deficits owed by the government.
null
eco_0082
concept
en
What is public debt?
[ "Yearly deficits.", "Pile into debt.", "Stock owed." ]
economics
Answer: Accumulated deficits. Steps: 1. Yearly deficits. 2. Pile into debt. 3. Stock owed.
fiscal_policy
One cloth costs 8 wine.
null
eco_0083
worked_example
en
One worker makes 5 cloth or 40 wine. What is the opportunity cost of 1 cloth?
[ "40 / 5.", "OC = 8.", "Result 8." ]
economics
Answer: 8. Steps: 1. 40 / 5. 2. OC = 8. 3. Result 8.
trade
Participation is 64%.
{ "A": "62%", "B": "66%", "C": "64%", "D": "69%" }
eco_0084
multiple_choice
en
Labor force 160, adults 250. What is the participation rate?
[ "160 / 250.", "Rate = 64%.", "Select option C." ]
economics
Answer: 64%. Steps: 1. 160 / 250. 2. Rate = 64%. 3. Select option C. Answer: (C)
labor
Banana wins with 19.5 versus 8.7.
{ "A": "Apple", "B": "Equal", "C": "Cannot tell", "D": "Banana" }
eco_0085
multiple_choice
en
Apple: MU 26, price 3. Banana: MU 39, price 2. Which gives more utility per dollar?
[ "Apple 8.7, banana 19.5.", "Banana higher.", "Select option D." ]
economics
Answer: Banana. Steps: 1. Apple 8.7, banana 19.5. 2. Banana higher. 3. Select option D. Answer: (D)
micro
GDP is 2175.
{ "A": "2075", "B": "2175", "C": "2275", "D": "2225" }
eco_0086
multiple_choice
en
C=1500, I=300, G=350, NX=25. What is GDP?
[ "Sum C+I+G+NX.", "GDP = 2175.", "Select option B." ]
economics
Answer: 2175. Steps: 1. Sum C+I+G+NX. 2. GDP = 2175. 3. Select option B. Answer: (B)
macro
The money multiplier is the maximum deposit expansion per unit of reserves, one over the ratio.
null
eco_0087
concept
en
What is the money multiplier?
[ "Ratio 10 percent.", "Multiplier 10.", "Max expansion." ]
economics
Answer: One over ratio. Steps: 1. Ratio 10 percent. 2. Multiplier 10. 3. Max expansion.
monetary_policy
The balance is -40.
null
eco_0088
worked_example
en
Revenue 1080, spending 1120. What is the budget balance?
[ "1080 - 1120.", "Balance = -40.", "Result -40." ]
economics
Answer: -40. Steps: 1. 1080 - 1120. 2. Balance = -40. 3. Result -40.
fiscal_policy
The trade balance is 75.
null
eco_0089
worked_example
en
Exports 460, imports 385. What is the trade balance?
[ "460 - 385.", "Balance = 75.", "Result 75." ]
economics
Answer: 75. Steps: 1. 460 - 385. 2. Balance = 75. 3. Result 75.
trade
Minimální mzda je zákonné dno výdělku za práci.
null
eco_0090
concept
cs
Co je minimální mzda?
[ "Stát stanoví.", "Méně nelze.", "Chrání nízké." ]
economics
Answer: Zákonné dno. Steps: 1. Stát stanoví. 2. Méně nelze. 3. Chrání nízké.
labor
Maximum X is 56.
null
eco_0091
worked_example
en
Income 280, price of X is 5. What is the maximum X affordable?
[ "280 / 5.", "Max = 56.", "Result 56." ]
economics
Answer: 56. Steps: 1. 280 / 5. 2. Max = 56. 3. Result 56.
micro
Economic growth is the sustained rise in real GDP or output per person over time.
null
eco_0092
concept
en
What is economic growth?
[ "Real GDP up.", "Over years.", "Living standards rise." ]
economics
Answer: Rising real output. Steps: 1. Real GDP up. 2. Over years. 3. Living standards rise.
macro
The real rate is 4%.
{ "A": "5%", "B": "4%", "C": "3%", "D": "6%" }
eco_0093
multiple_choice
en
Nominal rate 6%, inflation 2%. What is the real rate?
[ "6 - 2.", "Real = 4%.", "Select option B." ]
economics
Answer: 4%. Steps: 1. 6 - 2. 2. Real = 4%. 3. Select option B. Answer: (B)
monetary_policy
Daňový multiplikátor je -3.
{ "A": "-2", "B": "-4", "C": "-1", "D": "-3" }
eco_0094
multiple_choice
cs
MPC je 0.75. Jaký je daňový multiplikátor?
[ "-0.75 / (1-0.75).", "tm = -3.", "Vyber možnost D." ]
economics
Answer: -3. Steps: 1. -0.75 / (1-0.75). 2. tm = -3. 3. Vyber možnost D. Answer: (D)
fiscal_policy
Tariff revenue is 10000.
null
eco_0095
worked_example
en
Imports 1000 units, tariff 10 per unit. What is tariff revenue?
[ "1000 x 10.", "Revenue = 10000.", "Result 10000." ]
economics
Answer: 10000. Steps: 1. 1000 x 10. 2. Revenue = 10000. 3. Result 10000.
trade
Employment is 82%.
null
eco_0096
worked_example
en
Labor force 100, employed 82. What is the employment rate?
[ "82 / 100.", "Rate = 82%.", "Result 82%." ]
economics
Answer: 82%. Steps: 1. 82 / 100. 2. Rate = 82%. 3. Result 82%.
labor
One X costs 6 Y.
{ "A": "6 Y", "B": "7 Y", "C": "5 Y", "D": "8 Y" }
eco_0097
multiple_choice
en
In 8 hours you can make 4 X or 24 Y. What is the opportunity cost of 1 X?
[ "24 / 4.", "OC = 6 Y.", "Select option A." ]
economics
Answer: 6 Y. Steps: 1. 24 / 4. 2. OC = 6 Y. 3. Select option A. Answer: (A)
micro
Growth is 6%.
null
eco_0098
worked_example
en
GDP rises from 1000 to 1060. What is the growth rate?
[ "(1060-1000)/1000.", "Growth = 6%.", "Result 6%." ]
economics
Answer: 6%. Steps: 1. (1060-1000)/1000. 2. Growth = 6%. 3. Result 6%.
macro
The money supply is 2750.
null
eco_0099
worked_example
en
Currency 750, deposits 2000. What is the money supply?
[ "750 + 2000.", "Supply = 2750.", "Result 2750." ]
economics
Answer: 2750. Steps: 1. 750 + 2000. 2. Supply = 2750. 3. Result 2750.
monetary_policy
Output rises 450.
null
eco_0100
worked_example
en
MPC 0.8, spending rises 90. How much does output rise?
[ "k = 5.", "5 x 90.", "Rise = 450." ]
economics
Answer: 450. Steps: 1. k = 5. 2. 5 x 90. 3. Rise = 450.
fiscal_policy
The terms of trade are the export-to-import price ratio showing trade gains.
null
eco_0101
concept
en
What are the terms of trade?
[ "Export prices.", "Import prices.", "Ratio shifts gains." ]
economics
Answer: Export over import prices. Steps: 1. Export prices. 2. Import prices. 3. Ratio shifts gains.
trade
Weekly earnings are 840.
null
eco_0102
worked_example
en
Wage 24 per hour, 35 hours. What are weekly earnings?
[ "24 x 35.", "Earnings = 840.", "Result 840." ]
economics
Answer: 840. Steps: 1. 24 x 35. 2. Earnings = 840. 3. Result 840.
labor
Rovnováha trhu je cena, kde se poptávka rovná nabídce.
null
eco_0103
concept
cs
Co je rovnováha trhu?
[ "Průsečík křivek.", "Žádný tlak.", "Trh se čistí." ]
economics
Answer: Poptávka rovná nabídce. Steps: 1. Průsečík křivek. 2. Žádný tlak. 3. Trh se čistí.
micro
Unemployment is 11%.
{ "A": "9%", "B": "13%", "C": "11%", "D": "12%" }
eco_0104
multiple_choice
en
11 unemployed in labor force 100. What is the unemployment rate?
[ "11 / 100.", "Rate = 11%.", "Select option C." ]
economics
Answer: 11%. Steps: 1. 11 / 100. 2. Rate = 11%. 3. Select option C. Answer: (C)
macro
Maximum expansion is 4000.
null
eco_0105
worked_example
en
Excess reserves 400, ratio 10%. What is maximum deposit expansion?
[ "400 / 10%.", "Max = 4000.", "Result 4000." ]
economics
Answer: 4000. Steps: 1. 400 / 10%. 2. Max = 4000. 3. Result 4000.
monetary_policy
Output rises 1000.
{ "A": "1000", "B": "1050", "C": "950", "D": "1100" }
eco_0106
multiple_choice
en
Multiplier 4, spending rises 250. How much does output rise?
[ "4 x 250.", "Rise = 1000.", "Select option A." ]
economics
Answer: 1000. Steps: 1. 4 x 250. 2. Rise = 1000. 3. Select option A. Answer: (A)
fiscal_policy
100 eur je 3400 korun českých.
null
eco_0107
worked_example
cs
Kurz 34 korun za euro. Kolik korun za 100 eur?
[ "100 x 34.", "Korunas = 3400.", "Result 3400." ]
economics
Answer: 3400. Steps: 1. 100 x 34. 2. Korun = 3400. 3. Result 3400.
trade
Weekly earnings are 640.
{ "A": "600", "B": "680", "C": "720", "D": "640" }
eco_0108
multiple_choice
en
Wage 16 per hour, 40 hours. What are weekly earnings?
[ "16 x 40.", "Earnings = 640.", "Select option D." ]
economics
Answer: 640. Steps: 1. 16 x 40. 2. Earnings = 640. 3. Select option D. Answer: (D)
labor
Elasticity is -3.
{ "A": "-2", "B": "-3", "C": "-4", "D": "-6" }
eco_0109
multiple_choice
en
Price rises 10%, quantity falls 30%. What is price elasticity?
[ "-30% / 10%.", "E = -3.", "Select option B." ]
economics
Answer: -3. Steps: 1. -30% / 10%. 2. E = -3. 3. Select option B. Answer: (B)
micro
Participace je 67 %.
null
eco_0110
worked_example
cs
Pracovní síla 134, dospělých 200. Jaká je míra participace?
[ "134 / 200.", "Rate = 67%.", "Result 67%." ]
economics
Answer: 67%. Steps: 1. 134 / 200. 2. Rate = 67%. 3. Result 67%.
macro
Open market operations are central bank purchases or sales of securities to adjust money.
null
eco_0111
concept
en
What are open market operations?
[ "Buy adds money.", "Sell drains money.", "Rates adjust." ]
economics
Answer: Buy or sell bonds. Steps: 1. Buy adds money. 2. Sell drains money. 3. Rates adjust.
monetary_policy
New debt is 2040.
{ "A": "2090", "B": "2040", "C": "1990", "D": "2140" }
eco_0112
multiple_choice
en
Debt 1900, deficit 140. What is new debt?
[ "1900 + 140.", "Debt = 2040.", "Select option B." ]
economics
Answer: 2040. Steps: 1. 1900 + 140. 2. Debt = 2040. 3. Select option B. Answer: (B)
fiscal_policy
The import share is 60%.
null
eco_0113
worked_example
en
Imports 600, GDP 1000. What is the import share?
[ "600 / 1000.", "Share = 60%.", "Result 60%." ]
economics
Answer: 60%. Steps: 1. 600 / 1000. 2. Share = 60%. 3. Result 60%.
trade
A high minimum wage can price out low-productivity jobs while lifting pay for others.
null
eco_0114
concept
en
How can minimum wage affect employment?
[ "Wages rise.", "Cheap jobs cut.", "Net debated." ]
economics
Answer: Higher pay, fewer jobs. Steps: 1. Wages rise. 2. Cheap jobs cut. 3. Net debated.
labor
Income elasticity is 1.
null
eco_0115
worked_example
en
Income rises 10%, demand rises 10%. What is income elasticity?
[ "10% / 10%.", "E = 1.", "Result 1." ]
economics
Answer: 1. Steps: 1. 10% / 10%. 2. E = 1. 3. Result 1.
micro
A recession is a broad decline in economic activity lasting months, often two GDP quarters down.
null
eco_0116
concept
en
What is a recession?
[ "Output falls.", "Jobs fall.", "Months long." ]
economics
Answer: Broad activity decline. Steps: 1. Output falls. 2. Jobs fall. 3. Months long.
macro
The real rate is 8%.
null
eco_0117
worked_example
en
Nominal rate 10%, inflation 2%. What is the real rate?
[ "10 - 2.", "Real = 8%.", "Result 8%." ]
economics
Answer: 8%. Steps: 1. 10 - 2. 2. Real = 8%. 3. Result 8%.
monetary_policy
Automatic stabilizers are budget items like jobless benefits that cushion cycles without new laws.
null
eco_0118
concept
en
What are automatic stabilizers?
[ "Recession: transfers rise.", "Taxes fall.", "No vote needed." ]
economics
Answer: Auto cushions. Steps: 1. Recession: transfers rise. 2. Taxes fall. 3. No vote needed.
fiscal_policy
Export growth is 55%.
null
eco_0119
worked_example
en
Exports rise from 400 to 620. What is the growth rate?
[ "(620-400)/400.", "Growth = 55%.", "Result 55%." ]
economics
Answer: 55%. Steps: 1. (620-400)/400. 2. Growth = 55%. 3. Result 55%.
trade
Reálný přírůstek je 5 %.
{ "A": "5%", "B": "6%", "C": "4%", "D": "7%" }
eco_0120
multiple_choice
cs
Nominální mzdy rostou o 8 %, inflace 3 %. Jaký je reálný přírůstek?
[ "8 - 3.", "Gain = 5%.", "Vyber možnost A." ]
economics
Answer: 5%. Steps: 1. 8 - 3. 2. Gain = 5%. 3. Vyber možnost A. Answer: (A)
labor
Average cost is 160.
null
eco_0121
worked_example
en
Total cost 1600 for 10 units. What is average cost?
[ "1600 / 10.", "AC = 160.", "Result 160." ]
economics
Answer: 160. Steps: 1. 1600 / 10. 2. AC = 160. 3. Result 160.
micro
The unemployment rate is unemployed workers as a share of the labor force.
null
eco_0122
concept
en
What is the unemployment rate?
[ "Count jobless seekers.", "Divide by labor force.", "Percent." ]
economics
Answer: Unemployed share. Steps: 1. Count jobless seekers. 2. Divide by labor force. 3. Percent.
macro
The multiplier is 5.
{ "A": "6", "B": "4", "C": "5", "D": "7" }
eco_0123
multiple_choice
en
Reserve ratio 20%. What is the money multiplier?
[ "1 / 20%.", "Multiplier = 5.", "Select option C." ]
economics
Answer: 5. Steps: 1. 1 / 20%. 2. Multiplier = 5. 3. Select option C. Answer: (C)
monetary_policy
The spending multiplier is the output gain per unit of extra government spending.
null
eco_0124
concept
en
What is the spending multiplier?
[ "Spend once.", "Respending rounds.", "Total exceeds one." ]
economics
Answer: Output per spending. Steps: 1. Spend once. 2. Respending rounds. 3. Total exceeds one.
fiscal_policy
The trade balance is 110.
{ "A": "120", "B": "100", "C": "110", "D": "130" }
eco_0125
multiple_choice
en
Exports 680, imports 570. What is the trade balance?
[ "680 - 570.", "Balance = 110.", "Select option C." ]
economics
Answer: 110. Steps: 1. 680 - 570. 2. Balance = 110. 3. Select option C. Answer: (C)
trade
Jednotkové náklady práce jsou 40.
null
eco_0126
worked_example
cs
Mzdové náklady 4000, výstup 100 kusů. Jaké jsou jednotkové náklady práce?
[ "4000 / 100.", "Cost = 40.", "Result 40." ]
economics
Answer: 40. Steps: 1. 4000 / 100. 2. Cost = 40. 3. Result 40.
labor
The price rises 120%.
null
eco_0127
worked_example
en
Price rises from 20 to 44. What is the percent change?
[ "(44-20)/20.", "Change = 120%.", "Result 120%." ]
economics
Answer: 120%. Steps: 1. (44-20)/20. 2. Change = 120%. 3. Result 120%.
micro
Employment share is 87%.
null
eco_0128
worked_example
en
Labor force 100, unemployment 13. What is the employment share?
[ "100 - 13.", "Share = 87%.", "Result 87%." ]
economics
Answer: 87%. Steps: 1. 100 - 13. 2. Share = 87%. 3. Result 87%.
macro
Required reserves are 450.
{ "A": "500", "B": "400", "C": "550", "D": "450" }
eco_0129
multiple_choice
en
Deposits 4500, reserve ratio 10%. What are required reserves?
[ "4500 x 10%.", "Reserves = 450.", "Select option D." ]
economics
Answer: 450. Steps: 1. 4500 x 10%. 2. Reserves = 450. 3. Select option D. Answer: (D)
monetary_policy
Saldo je přebytek 150.
{ "A": "160", "B": "140", "C": "150", "D": "170" }
eco_0130
multiple_choice
cs
Příjmy 1000, výdaje 850. Jaké je saldo rozpočtu?
[ "1000 - 850.", "Balance = 150.", "Vyber možnost C." ]
economics
Answer: 150. Steps: 1. 1000 - 850. 2. Balance = 150. 3. Vyber možnost C. Answer: (C)
fiscal_policy
A tariff is a tax on imports that raises domestic prices and protects producers.
null
eco_0131
concept
en
What is a tariff?
[ "Border charge.", "Prices rise.", "Imports fall." ]
economics
Answer: Import tax. Steps: 1. Border charge. 2. Prices rise. 3. Imports fall.
trade
Human capital is the skills and schooling that raise worker productivity.
null
eco_0132
concept
en
What is human capital?
[ "Schooling builds.", "Training builds.", "Wages follow." ]
economics
Answer: Skills stock. Steps: 1. Schooling builds. 2. Training builds. 3. Wages follow.
labor
Consumer surplus is 750.
null
eco_0133
worked_example
en
Max price 30, market price 20, quantity 150. What is consumer surplus?
[ "0.5 x 10 x Q.", "CS = 750.", "Result 750." ]
economics
Answer: 750. Steps: 1. 0.5 x 10 x Q. 2. CS = 750. 3. Result 750.
micro
Real GDP is 1500.
{ "A": "1400", "B": "1600", "C": "1550", "D": "1500" }
eco_0134
multiple_choice
en
Nominal GDP 1875, deflator 125. What is real GDP?
[ "1875 / 125 x 100.", "Real = 1500.", "Select option D." ]
economics
Answer: 1500. Steps: 1. 1875 / 125 x 100. 2. Real = 1500. 3. Select option D. Answer: (D)
macro
Present value is 1800.
{ "A": "1800", "B": "1900", "C": "1700", "D": "2000" }
eco_0135
multiple_choice
en
Payment 1980 in one year, rate 10%. What is present value?
[ "1980 / 1.1.", "PV = 1800.", "Select option A." ]
economics
Answer: 1800. Steps: 1. 1980 / 1.1. 2. PV = 1800. 3. Select option A. Answer: (A)
monetary_policy
Fiskální politika je řízení výdajů a daní státem kvůli poptávce.
null
eco_0136
concept
cs
Co je fiskální politika?
[ "Více utratit.", "Méně zdanit.", "Poptávka roste." ]
economics
Answer: Výdaje a daně. Steps: 1. Více utratit. 2. Méně zdanit. 3. Poptávka roste.
fiscal_policy
One cloth costs 14 wine.
null
eco_0137
worked_example
en
One worker makes 5 cloth or 70 wine. What is the opportunity cost of 1 cloth?
[ "70 / 5.", "OC = 14.", "Result 14." ]
economics
Answer: 14. Steps: 1. 70 / 5. 2. OC = 14. 3. Result 14.
trade
The real wage is nominal pay adjusted for prices, showing purchasing power.
null
eco_0138
concept
en
What is the real wage?
[ "Nominal pay.", "Divide CPI.", "Real power." ]
economics
Answer: Pay over prices. Steps: 1. Nominal pay. 2. Divide CPI. 3. Real power.
labor
Market equilibrium is the price where quantity demanded equals quantity supplied.
null
eco_0139
concept
en
What is market equilibrium?
[ "Find crossing.", "No pressure.", "Market clears." ]
economics
Answer: Demand equals supply. Steps: 1. Find crossing. 2. No pressure. 3. Market clears.
micro
The nominal rate is about 9%.
null
eco_0140
worked_example
en
Real rate 3%, inflation 6%. What is the nominal rate (approx)?
[ "3 + 6.", "Nominal = 9%.", "Result 9%." ]
economics
Answer: 9%. Steps: 1. 3 + 6. 2. Nominal = 9%. 3. Result 9%.
macro
Required reserves are 900.
null
eco_0141
worked_example
en
New deposit 4500, ratio 20%. What are required reserves?
[ "4500 x 20%.", "Reserves = 900.", "Result 900." ]
economics
Answer: 900. Steps: 1. 4500 x 20%. 2. Reserves = 900. 3. Result 900.
monetary_policy
Output rises 600.
null
eco_0142
worked_example
en
MPC 0.75, taxes cut 200. How much does output rise?
[ "tm = -3.", "-3 x -200.", "Rise = 600." ]
economics
Answer: 600. Steps: 1. tm = -3. 2. -3 x -200. 3. Rise = 600.
fiscal_policy
The trade balance is 105.
null
eco_0143
worked_example
en
Exports 580, imports 475. What is the trade balance?
[ "580 - 475.", "Balance = 105.", "Result 105." ]
economics
Answer: 105. Steps: 1. 580 - 475. 2. Balance = 105. 3. Result 105.
trade
Unemployment is 9%.
{ "A": "7%", "B": "9%", "C": "11%", "D": "10%" }
eco_0144
multiple_choice
en
Of 100 in the labor force, 9 are jobless. What is the unemployment rate?
[ "9 / 100.", "Rate = 9%.", "Select option B." ]
economics
Answer: 9%. Steps: 1. 9 / 100. 2. Rate = 9%. 3. Select option B. Answer: (B)
labor
Total revenue is 1760.
{ "A": "1660", "B": "1860", "C": "1760", "D": "1710" }
eco_0145
multiple_choice
en
Price 11, quantity 160. What is total revenue?
[ "11 x 160.", "TR = 1760.", "Select option C." ]
economics
Answer: 1760. Steps: 1. 11 x 160. 2. TR = 1760. 3. Select option C. Answer: (C)
micro
Frictional unemployment is short job search between posts, while structural is a lasting skills mismatch.
null
eco_0146
concept
en
How do frictional and structural unemployment differ?
[ "Between jobs: frictional.", "Skills obsolete: structural.", "Different cures." ]
economics
Answer: Search versus mismatch. Steps: 1. Between jobs: frictional. 2. Skills obsolete: structural. 3. Different cures.
macro
A reserve requirement is the minimum share of deposits banks must hold as reserves.
null
eco_0147
concept
en
What is a reserve requirement?
[ "Percent of deposits.", "Held back.", "Limits lending." ]
economics
Answer: Minimum reserve share. Steps: 1. Percent of deposits. 2. Held back. 3. Limits lending.
monetary_policy
Output rises 280.
null
eco_0148
worked_example
en
MPC 0.8, transfers rise 70. How much does output rise?
[ "Transfer k = 4.", "4 x 70.", "Rise = 280." ]
economics
Answer: 280. Steps: 1. Transfer k = 4. 2. 4 x 70. 3. Rise = 280.
fiscal_policy
An import quota caps import quantities, lifting prices like a tariff.
null
eco_0149
concept
en
What is an import quota?
[ "Limit units.", "Prices rise.", "Rents to holders." ]
economics
Answer: Capped imports. Steps: 1. Limit units. 2. Prices rise. 3. Rents to holders.
trade
The real wage is 3200.
{ "A": "3100", "B": "3300", "C": "3200", "D": "3400" }
eco_0150
multiple_choice
en
Wage 3840, CPI 120. What is the real wage?
[ "3840 / 120 x 100.", "Real = 3200.", "Select option C." ]
economics
Answer: 3200. Steps: 1. 3840 / 120 x 100. 2. Real = 3200. 3. Select option C. Answer: (C)
labor