Macroeconomic issues include all of the following EXCEPT:
A. regulation of natural monopolies
B. economic interdependence among nations
C. economic growth and living standards
D. inflation
Answer: A
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Refer to the table above. What is the market demand for wine when the price is $1?
A) 50 units B) 80 units C) 51 units D) 76 units
Refer to Table 8-14. Consider the following data on nominal GDP and real GDP (values are in billions of dollars): The GDP deflator for 2016 equals
A) 92.2. B) 102.6. C) 108.5. D) 109.1.
Dynamic tax analysis is based on the recognition that as tax rates are increased
A. tax revenue collections will change at the same rate as the tax rates. B. tax revenue collections will eventually decline. C. tax revenue collections will continually increase. D. tax revenue collections will increase at a faster rate than the tax rate change.
An increase in the demand for loanable funds may be caused by a(n):
A. Increase in the availability of loanable funds B. Increase in consumers' willingness to save C. Increase in business borrowing D. Decrease in the interest rate