Multiple Choice
Macroeconomicsis primarily concerned with aggregates. Which of the following is not a macroeconomic aggregate?
A) decision making by a household
B) the unemployment rate, and inflation levels
C) national income
D) the supply of money
Correct Answer:
Verified
Correct Answer:
Verified
Q8: Theories are:<br>A)much more complicated than common sense<br>B)scientific
Q9: Milton Friedman restated the :<br>A)labour theory<br>B)profit theory<br>C)quantity
Q10: If the value of a variable varies
Q11: Adam Smith, the father of modern economic
Q12: Which of the following concepts are most
Q14: Division of Labour is limited by the
Q15: The problem of scarcity and choice making
Q16: is a term referring to an intellectual
Q17: Decisions made in households, firms, and government
Q18: introduced the concept of welfare in the