Multiple Choice
Which of the following questions is addressed primarily by macroeconomics?
A) The allocation of scarce satellite orbit slots.
B) Decisions made by a manufacturer of a particular good.
C) Policies to control the inflation rate.
D) A consumer's decision to buy more clothing and less food.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: The branch of economics that studies the
Q2: Microeconomics differs from macroeconomics in that:<br>A)microeconomics studies
Q3: The fundamental economic problem is:<br>A)poverty.<br>B)unemployment.<br>C)scarcity.<br>D)inflation.
Q4: Difficulty in prediction social sciences is the
Q6: The problem of scarcity:<br>A)exists because resources are
Q7: Which of the following topics would be
Q8: The branch of economics that studies the
Q9: "The government should levy higher taxes on
Q10: In his book, The Wealth of Nations,
Q11: "A reduction in the rate at which