The book that is the basis for modern macroeconomic theory is

a. The Wealth of Nations.
b. Principles of Political Economy.
c. The General History of Money and Banking.
d. The General Theory of Employment, Interest, and Money.


d

Economics

You might also like to view...

A monopolist has the power to set price, but is not entirely free to set the price of its product. Explain

What will be an ideal response?

Economics

Prices set too low can actually be against the public interest.

Answer the following statement true (T) or false (F)

Economics

The adult population of a country is 50 million. 35 million form part of its labor force. The labor-force participation rate in this country is _____

a. 50% b. 30% c. 70% d. 35%

Economics

What effect, if any, does diminishing marginal product have on the shape of the marginal cost curve?

Economics