Multiple Choice
Macroeconomics is concerned with
A) individual consumers.
B) government decision making concerning farm price supports.
C) aggregates.
D) the effects on a corporation of a strike by the United Auto Workers.
Correct Answer:
Verified
Correct Answer:
Verified
Q240: Economics is the study of<br>A) the allocation
Q241: Economists assume people behave<br>A) instinctively.<br>B) rationally.<br>C) irrationally.<br>D)
Q242: Distinguish between macroeconomics and microeconomics.
Q243: One reason why economists often use models
Q244: Is inflation a macroeconomic or a microeconomic
Q246: Economists assume that people are motivated by<br>A)
Q247: In economics, _ are limited but _
Q248: Economics is the study of how people
Q249: Which of the following would likely be
Q250: What type of economics would most typically