The main goal of macroeconomic research is to
A. predict how the macroeconomy will perform in the future.
B. make general statements about how the economy works.
C. develop new data that can be used to understand better the operation of the economy.
D. analyze current macroeconomic data.
Answer: B
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European countries tend to rely more on consumption taxes than does the United States
a. True b. False Indicate whether the statement is true or false
Which statement is true?
A. The lower incomes that women earn relative to those earned by men is explained entirely by employment discrimination. B. Although there are many theories of poverty, few have any validity. C. Much of black poverty is caused by black male joblessness. D. None of these statements are true.
In a system in which there is an administered exchange rate, what is the term used when the government sets the rate lower to buy more units of foreign currency?
A) a revaluation B) an appreciation C) a depreciation D) a devaluation
What is regulatory capture? Name an industry in which regulatory capture is present
Please provide the best answer for the statement.