Macroeconomics works to explain things like:
A. economic growth of Germany.
B. Microsoft’s profit in 2015.
C. rates of return on an investment.
D. number of employees in Ford company.
A. economic growth of Germany.
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What criteria should be used in deciding the best definition of the money supply?
What will be an ideal response?
If households decrease the amount of bank account withdrawals, the consumption function may shift upward
a. True b. False Indicate whether the statement is true or false
The amount of additional earnings that must be paid explicitly in taxes or implicitly in the form of a reduction in income supplements is known as the
a. marginal income tax rate. b. implicit marginal tax rate. c. explicit benefit-reduction rate. d. supplemental income tax rate.
The IMF uses the quota system to determine how much a country may borrow from the Fund.
a. true b. false