10 general economics questions: 1. What is the difference between macroeconomics and microeconomics? 2. What is scarcity and how does it affect the economy? 3. What is the economic concept of supply and demand? 4. How does inflation affect the economy? 5. What is Gross Domestic Product (GDP) and how is it calculated? 6. What is the difference between a recession and a depression? 7. How do exchange rates affect international trade? 8. What is a fiscal policy and how is it implemented? 9. What is a monetary policy and how is it implemented? 10. How do taxes affect the economy and government revenue