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 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.
B) A business owner can use macroeconomics to predict it should sell more red t- shirts as opposed to white t- shirts.
C) A business owner can use macroeconomics to determine whether college graduates are better employees than non- college graduates.
D) A business owner can use macroeconomics to predict whether television prices will be higher today or in the future.

Question

Quizplus · Accepted Answer

A business owner can use macroeconomics to predict changes in interest rates, inflation rates, and unemployment rates to make informed decisions about borrowing money, investing in new projects or expanding the businesses. This can help the business owner to save money by borrowing at the right time and invest in projects that are likely to generate profits in the long run. The other options are not directly related to macroeconomics or do not involve the use of macroeconomic concepts for decision-making.

Which of the Following Is an Example of How a Business