Which of the following would most likely NOT be taught in a macroeconomics course?

A) price changes in the world's oil markets
B) factors leading to different economic growth rates among countries
C) government actions in response to a slowdown in the economy
D) the relationship between the inflation rate and the unemployment rate


Answer: A

Economics

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A vertical demand curve has an elasticity of demand equal to zero

a. True b. False Indicate whether the statement is true or false

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There is an exchange rate between

a. every pair of currencies. b. the world's major currencies but not between the currencies of less-developed countries. c. currencies on a fixed-exchange rate system but not for those on a floating-rate system. d. the currencies of the European Union but not for the nations outside the European Union.

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Using the rule of 72, determine how long it would take for real GDP to double if it grew at a constant growth rate of 8 percent.

A. 8 years. B. 9 years. C. 576 years. D. 72 years.

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Suppose the short-run supply curve is a straight line of slope +1 that intersects the origin. The long-run supply curve will be

A) horizontal. B) steeper. C) shallower. D) vertical.

Economics