Fluctuations in economic performance is one of the two basic issues of macroeconomics. The other is
A) tracking unemployment. B) monitoring inflation rates.
C) long-run economic growth. D) keeping interest rates in check.
C
You might also like to view...
In a steady-state, sustained increases in the capital-to-labor ratio are only possible if
a. the savings rate increases. b. population growth decreases. c. depreciation decreases. d. technology increases. e. all of the above.
Refer to Figure 10.2. At output Qm, and assuming that the monopoly has set her price to maximize profit, the consumer surplus is:
A) CDE. B) BDEF. C) ADEG. D) 0DEQm. E) none of the above
A business incurs the following costs per unit: Labor - $5/unit; Materials $3/unit and rent - $5000/month. If the firm produces 100 . units a month, the total fixed costs equals
a. $5,000 b. $8,000 c. $13,000 d. $3,000
To measure core inflation, the BLS excludes ______________ from the basket of goods used to calculate the CPI.
A. food and gasoline B. food, clothing, and housing C. food and housing D. housing and gasoline