Which headline would be most closely related to what macroeconomists study?
A) The unemployment rate decreases from 6 percent to 5 percent.
B) The price of gasoline rises due to reduced output in the Middle East.
C) The number of people living on the streets has increased over the past decade.
D) The government introduces regulations to keep the telecommunications industry competitive.
Correct Answer:
Verified
Q8: What is the goal of macroeconomics?
A) to
Q9: Why does expenditure equal income?
A) because firms
Q10: Which market is the model of supply
Q11: Which question is more likely to be
Q12: Why is GDP computed using market prices
Q14: Which statistic is the best single measure
Q15: In an economy consisting of only households
Q16: Which of the following is a macroeconomic
Q17: Which topics are studied in macroeconomics?
A) unemployment,
Q18: If GDP rises, what happens?
A) Income and
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