Macroeconomics includes the study of:
A. How the economy works on a regional, national, or international scale.
B. How rent ceilings impact the construction rates of new apartments.
C. How the increase in the labor force participation rate by females impacts childhood obesity.
D. How grocery cart rental fees impact parking lot accident rates.
A. How the economy works on a regional, national, or international scale.
You might also like to view...
The total cost of production equals
a. average total cost + average variable cost b. average total cost + average fixed cost c. average variable cost + average fixed cost d. total fixed cost + total variable cost e. marginal cost + total variable cost
If this is a closed economy, how many bikes will be produced?
A. 50,000 B. 100,000 C. 20,000 D. 80,000
Higher prices may serve the public interest when
A. there is a shortage of goods or services available. B. there is an equal distribution of traffic on alternate routes. C. higher prices never serve the public interest. D. lower prices signal scarcity.
Suppose the economy is at point B. If a recession in another country decreases exports, to what point might economy move in the short run?
A) It stays at point B. B) It shifts to a point such as A. C) It shifts to a point such as C. D) None of the above answers are correct because it is the SAS curve that shifts, not the AD curve.