Multiple Choice
Which would NOT be classified as a MACROECONOMIC question?
A) How many people are employed in the economy as a whole?
B) What determines the overall level of prices?
C) What determines the overall trade in goods, services, and financial assets between the United States and the rest of the world?
D) What determines a university's cost of offering a new course?
Correct Answer:
Verified
Correct Answer:
Verified
Q117: An increase in the nation's _ is
Q118: Following a trough, real GDP increases.
Q119: What do a rubber-necking traffic jam and
Q120: A nation whose value of imports exceeds
Q121: Fiscal policy entails changes in the quantity
Q123: Price stability occurs when:<br>A) the overall price
Q124: In many countries, economists adopt the rule
Q125: A period of falling real GDP is
Q126: Changing government spending and taxes to affect
Q127: In contrast to the conclusions drawn from