Which of the following topics is a primary concern of macro economists?
A) choices of individual consumers and firms
B) fluctuations in the level of aggregate economic activity
C) standards of living of individuals
D) relative wages of skilled and unskilled workers
E) short-run growth models
Correct Answer:
Verified
Q1: Primarily, macroeconomists use microeconomic principles to study
A)long-run
Q2: In a macroeconomic model, equilibrium is when
A)everyone
Q4: What explains the trends in nominal interest
Q5: Persistent current account deficits make sense if
A)personal
Q6: The real interest rate is
A)equal to the
Q7: During the 2008 2009 recession in Canada
A)unemployment
Q8: Neo-Fisherism says
A)the central bank should increase inflation
Q9: Canada has become a more open economy
Q10: The unemployment rate in 2018
A)was higher than
Q11: Reductions in the real interest rate caused
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