Macroeconomists use models
A) to explain long-run economic growth.
B) to explain everything that occurs in the world.
C) to provide accurate descriptions of the world.
D) that explain government deficit and debt.
E) to explain international trade.
Correct Answer:
Verified
Q8: Since 1870,the typical Canadian
A) became ten-times as
Q9: Sometimes it is useful to separate economic
Q10: Primarily,macroeconomists use microeconomic principles to study
A) business
Q11: Since World War II,deviations from trend real
Q12: For the study of economic growth,it is
Q14: What do we assume about households and
Q15: In economic models,the economy must
A) be in
Q16: Since 1870 in Canada,there has been
A) sustained
Q17: To be useful,macroeconomic models
A) must be complete,
Q18: Gross Domestic Product is
A) the quantity of
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