Which of the following is an example of how a business owner uses macroeconomics to make informed business decisions?
A)A business owner can use macroeconomics to determine whether college graduates are better employees than non-college graduates.
B)A business owner can use macroeconomics to predict whether the Fed will increase or decrease the interest rates in the future in order to determine whether to borrow money now or later.
C)A business owner can use macroeconomics to predict whether television prices will be higher today or in the future.
D)A business owner can use macroeconomics to predict it should sell more red t-shirts as opposed to white t-shirts.

Question

Quizplus · Accepted Answer

The business owner can use macroeconomics to predict future interest rates set by the Fed in order to make informed decisions about borrowing money now or later. This decision will have a significant impact on the business's financial well-being. The other choices do not involve macroeconomics or predicting future economic conditions.

Which of the Following Is an Example of How a Business