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 do not necessarily help clarify questions related to the decisions made by OPEC in manipulating and maintaining the price of crude oil in the world markets. This is because OPEC's decision-making process is complex and not solely based on economic factors. The other options (A, B, and D) are important questions that macroeconomic models can help clarify.

Which of the Following Is Not an Important Question That