Multiple Choice
What is the goal of macroeconomics?
A) to explain how economic changes affect prices of particular goods
B) to explain market failures, such as externalities and monopoly
C) to explain changes that affect the economy as a whole
D) to explain how an income tax influences a person's decision to work
Correct Answer:

Verified
Correct Answer:
Verified
Q1: How is a potato treated in GDP
Q2: Joao used to volunteer to cut his
Q3: Which of the following is included in
Q4: According to the simple circular-flow model, what
Q5: Which of the following best defines a
Q7: Which of the following is included in
Q8: What government level(s) will be considered when
Q9: Macroeconomic statistics include the inflation rate, the
Q10: Which headline would be most closely related
Q11: Which topics are studied in macroeconomics?<br>A) unemployment,