Multiple Choice
Which of the following would likely be considered as a topic of microeconomics?
A) a nation's unemployment rate
B) Gross Domestic Product
C) the price of apples
D) the effects of fiscal policy on the economy
Correct Answer:
Verified
Correct Answer:
Verified
Q244: Is inflation a macroeconomic or a microeconomic
Q245: Macroeconomics is concerned with<br>A) individual consumers.<br>B) government
Q246: Economists assume that people are motivated by<br>A)
Q247: In economics, _ are limited but _
Q248: Economics is the study of how people
Q250: What type of economics would most typically
Q251: "No individual should have less than $20,000
Q252: Self-interest relates to<br>A) only monetary objectives.<br>B) both
Q253: A direct relationship occurs when<br>A) the two
Q254: Economic models relate to<br>A) people's choices.<br>B) how