Which of the following is not an important question that macroeconomic models help clarify?
A)Can governments reduce the severity of their economies' recessions?
B)Is a policy of manipulating interest rates more effective at mitigating short-run economic fluctuations than a policy of changing the tax rates?
C)How will OPEC manipulate and maintain the price of crude oil in the world markets?
D)Is there a trade-off between lower unemployment and lower inflation?

Question

Quizplus · Accepted Answer

Macroeconomic models focus on broad economic factors and policies, such as government intervention, interest rates, and unemployment. The manipulation of crude oil prices by OPEC is more related to microeconomic and geopolitical considerations rather than macroeconomic policy analysis.

Which of the Following Is Not an Important Question That