Macroeconomists
A) focus on the markets for individual commodities and on the decisions of single economic agents.
B) hold total income constant.
C) spend a great deal of time and energy investigating how people form their expectations and change them over time.
D) assume that economic adjustment occurs first through prices that change to balance supply and demand.
Correct Answer:
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Q19: Microeconomists
A) focus on the economy as a
Q20: Microeconomists
A) focus on the economy as a
Q21: Microeconomists
A) focus on the economy as a
Q22: Macroeconomists
A) hold total income constant.
B) spend much
Q23: Macroeconomists
A) focus on the economy as a
Q25: Macroeconomists
A) focus on the markets for individual
Q26: Estimates of the value and composition of
Q27: Sweden became richer than Argentina in the
Q28: In the latter half of the 1990s,
Q29: In the first half of the 2000s,
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