Which of the following is not a question that macroeconomists address?
A) Why is average income high in some countries while it is low in others?
B) Why does the price of oil rise when war erupts in the Middle East?
C) Why do production and employment expand in some years and contract in others?
D) Why do prices rise rapidly in some periods of time while they are more stable in other periods?
Correct Answer:
Verified
Q2: A macroeconomist is interested in
A)explaining how changes
Q3: Which of the following statistics is usually
Q4: Which of the following topics are more
Q4: In a simple circular-flow diagram,firms
A)purchase resources from
Q8: In a simple circular-flow diagram,households buy goods
Q27: According to the circular-flow diagram GDP
A)can be
Q144: The basic tools of supply and demand
Q537: In the simple circular-flow diagram, with households
Q543: GDP
A)is used to monitor the performance of
Q544: Which of the following is not a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents