Multiple Choice
Which of the following is a fundamental question of macroeconomics?
A) What causes sustained economic growth?
B) How should a labour contract be structured?
C) What causes the health care industry to prosper?
D) What is the effect of penalties on crime?
E) How should governments be elected?
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
Q57: Which of the following topics is a
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