Which of the following statements is true?
A) Macroeconomics studies how individuals make choices.
B) Microeconomics is the study of an economy as a whole.
C) The study of the inflation rate is covered under microeconomics.
D) The study of the unemployment rate is covered under macroeconomics.
D
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However, this type of bargaining will tend to be limited when:
Has not been successful in reducing poverty among elderly Americans.
Answer the following statement(s) true (T) or false (F)
Income inequality is
A. Not an issue in the United States because of the progressive federal tax system. B. Often greatest in the poorest countries such as Namibia and Botswana. C. A global issue because the poorest tenth of the population gets 20-30 percent of total income. D. Not an issue for wealthy countries such as the United States and Germany.
Which of the following would cause an increase in the exchange value of the U.S. dollar?
a. A decrease in the amount of foreign debt purchased by U.S. citizens b. An increase in U.S. exports c. Increased demand by foreigners to buy U.S. government securities d. all of the above