Macroeconomics deals with the analysis of all of the following questions except:
a. why do national economies grow.
b. what determines a nation's savings and investments.
c. how does a central bank influence inflation.
d. why does a country experience recessions.
e. how does Microsoft price its software packages.
e
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If Indonesia imposes an import tariff on Hollywood movies, the tariff ________ the price of seeing a movie in Indonesia, the production of movies in Indonesia ________, and imports of Hollywood movies into Indonesia ________
A) raises; increases; increases B) raises; increases; falls C) lowers; increases; falls D) lowers; decreases; falls E) raises; decreases, falls
Bill looked for work for six months but could not find a job to his liking. He now spends his time at the beach. For purposes of employment he is considered: a. out of the labor force
b. unemployed. c. employed in the underground economy. d. underemployed.
An increase in inflation expectations shifts the short-run Phillips curve right and has no effect on the long-run Phillips curve
a. True b. False Indicate whether the statement is true or false
Refer to the graph shown that depicts a third-party payer market for prescription drugs. What is the cost of this program to the third-party if a $2 co-pay is established?
A. $120 B. $180 C. $240 D. $270