Multiple Choice
Macroeconomic models particularly focus on the following three economic data series.
A) endogenous variables,exogenous variables,and taxes
B) inflation,unemployment,and business cycles
C) nominal GDP,the employment rate,and budget deficits
D) bankruptcies,the unemployment rate,and depressions
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q2: An endogenous variable is typically _.<br>A)taken as
Q3: The low saving rate in the United
Q4: Activist policymakers,compared to nonactivists,are more likely to
Q5: A simple macroeconomic model might explain how
Q6: Real GDP measures _.<br>A)the total amount of
Q7: What explains the rise in income in
Q8: Economists apply the term "Great Inflation" to
Q9: Raising taxes and cutting spending are examples
Q10: The unemployment rate measures,at a point in
Q11: Macroeconomics is the study of _ while