Multiple Choice
Macroeconomics includes the study of:
A) the general price level.
B) the price of individual goods.
C) the relative price of goods.
D) all of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: If price is below equilibrium in a
Q23: If prices are sticky:<br>A)the market quickly sticks
Q24: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8790/.jpg" alt=" -In Figure1.1 if
Q25: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8790/.jpg" alt=" -In Figure1.1, if
Q26: A possible order of events in an
Q28: Monetary policy involves:<br>A)the government's expenditure.<br>B)taxation.<br>C)determining the quantity
Q29: The inflation rate for year t is:<br>A)
Q30: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8790/.jpg" alt=" -In Figure1.1, if
Q31: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8790/.jpg" alt=" -In Figure1.1 if
Q32: A peak in an economy is when