Multiple Choice
Which of the following would be a topic studied in the field of macroeconomics?
A) the amazing recent growth of the Chinese economy
B) the movement of Canadian manufacturing firms to China
C) the differences in wages between men and women in Canada
D) the effect of rent controls on the housing market in Toronto
Correct Answer:
Verified
Correct Answer:
Verified
Q55: Which of the following are NOT economic
Q56: Why do economists use economic theories? <br>A) because
Q57: In economics, what does the term "marginal"
Q58: What does the assumption of rational self-interest
Q59: Which of the following is an example
Q61: What is a model? <br>A) a theoretical abstraction
Q62: Why do economists use economic models? <br>A) to
Q63: What is the difference between positive economic
Q64: Why do economists use assumptions? <br>A) to diminish
Q65: Which of the following best characterizes rational