Multiple Choice
Improvements in a country's standard of living are brought about in the long run by
A) immigration policy.
B) technological progress.
C) taxes.
D) growth in the population.
E) constructing more machines and buildings.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: The Phillips curve represents a<br>A) short-run relationship
Q41: One explanation for the better performance of
Q42: Which of the following best describes the
Q43: Real interest rates hit a low of
Q44: Sometimes it is useful to separate economic
Q46: The relationship between the level of growth
Q47: One consequence of government deficits is<br>A) lower
Q48: Primarily,macroeconomists use microeconomic principles to study<br>A) business
Q49: The behaviour of the real interest rate
Q50: Macroeconomists use models<br>A) to explain long-run economic