Multiple Choice
Primarily, macroeconomists use microeconomic principles to study
A) business cycles and trends in the stock market.
B) long-run economic growth and business cycles.
C) trends in the stock market and long-term economic growth.
D) long-run economic growth and employment policies.
E) short-run and long-run economic growth.
Correct Answer:
Verified
Correct Answer:
Verified
Q25: The relationship between the level of
Q26: What is produced and consumed in the
Q27: In a macroeconomic model, equilibrium is when<br>A)
Q29: Countries gain from<br>A) trading goods and assets
Q31: Explain why macroeconomists tend to use models
Q31: According to real business cycle theory, the
Q32: Since World War II, deviations from trend
Q33: Which of the following is a fundamental
Q34: The Fisher relation is<br>A) the negative relationship
Q35: Persistent current account deficits make sense if<br>A)