Multiple Choice
Macroeconomics is primarily concerned with studying two broad topics:
A) long-run economic growth and short-run business cycles.
B) the price of oil and gas abroad and prices of energy in the domestic market.
C) the stock market and the housing market.
D) household incomes and firms' profits.
Correct Answer:

Verified
Correct Answer:
Verified
Q23: At the end of the summer driving
Q34: Economists believe that most short-run fluctuations are
Q35: The major statistics that provide macroeconomists a
Q36: The period when output and living standards
Q37: Suppose a small economy produces only MP3
Q40: In situations of sticky prices and negative
Q41: The term "shock"<br>A)always refers to an unexpectedly
Q43: Sharply rising oil prices are most likely
Q62: Because prices are sticky, a positive demand
Q128: Financial institutions reward savers with the following,