Multiple Choice
Which of the following topics is a primary concern of macro economists?
A) choices of individual consumers and firms
B) fluctuations in the level of aggregate economic activity
C) standards of living of individuals
D) relative wages of skilled and unskilled workers
E) short-run growth models
Correct Answer:
Verified
Correct Answer:
Verified
Q51: Macroeconomists tend to agree on<br>A)that all business
Q52: Adam Smith's Wealth of Nations emphasized<br>A)that Scotland
Q53: Unemployment, at the aggregate level<br>A)is avoidable.<br>B)is zero
Q54: One consequence of government deficits is<br>A)reduced consumer
Q55: One possible explanation of the higher unemployment
Q56: The relationship between the level of
Q58: Which of the following is a fundamental
Q59: The idea that government budget deficits do
Q60: Countries gain from<br>A)taxes.<br>B)long-run tradeoffs between aggregate output
Q61: The real interest rate is<br>A)equal to the