All of the Following Except One Are Macroeconomic Topics.
All of the following except one are macroeconomic topics.Which is the exception?
A)The effect of a tax change on total consumption.
B)The effect of an interest rate change on the cost of your monthly loan payment.
C)The effect of an exchange rate change on total exports.
D)The effect of the election of a new government on investment in Canada
What do most of the disagreements among economists involve?
A)The appropriate goals and policies for the economy.
B)Generalizing about facts.
D)The use of statistics.
E)The use of mathematics.
Why do economists feel that their discipline is relevant?
A)It is able to predict the future very well.
B)It is a value-free study.
C)Its methodology is so different from other social sciences.
D)The scope and range of subjects that it addresses is very wide.
Who said: "The ideas of economists,both when they are right and when they are wrong,are more powerful than is commonly understood"?
A)Sayre and Morris.
D)John Maynard Keynes.