Multiple Choice
Which of the following is a macroeconomic subject?
A) umbrellas produced by a firm
B) wages earned by a firm producing umbrellas
C) cost of producing military aircraft
D) savings in the national economy
E) profit earned by a firm producing military aircraft
Correct Answer:
Verified
Correct Answer:
Verified
Q38: In the circular flow model, resources flow
Q39: Without which of the following would there
Q40: The circular flow model shows how households
Q41: Econometrics is the use of statistics to
Q42: Scarcity is a problem in economics because
Q44: Over coffee in the cafeteria Susan stated
Q45: Are we running out of natural resources?<br>A)
Q46: Which of the following resources are nonrenewable?<br>A)
Q47: A firm is an organization that produces<br>A)
Q48: Which of the following is a macroeconomic