Multiple Choice
Which of the following is a fundamental question of macroeconomics?
A) What causes sustained economic growth?
B) How should a labour contract be structured?
C) How should governments be elected?
D) What causes the health care industry to prosper?
E) What is the effect of penalties on crime?
Correct Answer:
Verified
Correct Answer:
Verified
Q29: Countries gain from<br>A) trading goods and assets
Q30: Primarily, macroeconomists use microeconomic principles to study<br>A)
Q31: According to real business cycle theory, the
Q31: Explain why macroeconomists tend to use models
Q32: Since World War II, deviations from trend
Q34: The Fisher relation is<br>A) the negative relationship
Q35: Persistent current account deficits make sense if<br>A)
Q36: The inflation rate has been low in
Q37: The business cycle component of the log
Q38: Sometimes it is useful to separate economic