Macroeconomics is the area of economics that deals with behavior and decision making in small units
a. true
b. false
Ans: b. false
Economics
You might also like to view...
________ is the market value of production generated by the factors of production possessed or owned by the residents of a particular nation
A) Gross domestic product B) Total Market Value C) Gross National Product D) Net domestic product
Economics
Sales taxes on consumer goods are regressive because poor people consume a larger proportion of their incomes than do rich people.
Answer the following statement true (T) or false (F)
Economics
In the foreign exchange market, how does a change in expected future U.S. exchange rate affect the demand for dollars?
What will be an ideal response?
Economics
Refer to the above table. There is an excess quantity supplied of 2,000 units at a price of
A) $450. B) $500. C) $600. D) $700.
Economics