Which question is an illustration of a macroeconomic question?
A. Is a corporation unresponsive to the demands of its customers?
B. Is a consumer boycott an effective means of reducing a product's price?
C. How will the government's budget deficit be affected by public infrastructure projects?
D. Are oil companies ripping off consumers by charging exorbitantly high prices for gasoline?
Answer: C
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Uniform standards
a. are not relevant to mobile source controls b. refer to standards that remain the same over time c. have been shown to be more costly than a two-tiered standard on motor vehicles d. achieve an allocatively efficient outcome
An unanticipated reduction in the level of prices in the goods and services market, which results in a temporary increase in real wage rates, will
a. increase the natural rate of unemployment. b. reduce the natural rate of unemployment. c. result in an actual rate of unemployment that is less than the natural rate of unemployment. d. result in an actual rate of unemployment that is greater than the natural rate of unemployment.
If tax revenues from a tax on wine, beer, and hard liquor are used to pay for healthcare expenses related to liver damage, the alcohol tax could be justified using the __________
Fill in the blank(s) with correct word
A reduction in the federal funds rate could be caused by an:
A. increase in the reserve requirement. B. increase in the discount rate. C. open market sale of government securities. D. increase in the excess reserves of the banking system.