Multiple Choice
Macroeconomics does not try to answer the question of:
A) why some countries experience rapid growth.
B) what is the rate of return on education.
C) why some countries have high rates of inflation.
D) what causes recessions and depressions.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: The unemployment rate:<br>A)was zero during the 1990s
Q8: Assume that the equation for demand for
Q9: Recessions are periods when the real GDP:<br>A)increases
Q11: The annual inflation rate in Canada averaged:<br>A)nearly
Q12: Deflation occurs when:<br>A)the real GDP decreases.<br>B)the unemployment
Q15: Which of the following is the best
Q37: A measure of how fast the general
Q49: What is an exogenous variable? Illustrate with
Q63: What is the difference between sticky prices
Q66: The inflation rate is a measure of