Which of the following would a macroeconomist NOT study?
A) impact of minimum-wage laws on employment in the fast food industry
B) effect of changes in saving rates on GDP
C) impact of monetary policy on the rate of inflation
D) effect of tax policy on the rate of economic growth
Correct Answer:
Verified
Q125: Figure 2-8 Q126: What does macroeconomics study? Q127: Which of the following is an example Q128: How do economists consider normative statements? Q129: Which of the following is an example Q130: What does microeconomics study? Q131: Complete the following statement: When economists are Q132: What does evaluating a positive statement involve? Q134: Which is the best statement about the Q156: When economists are speaking as policy advisors,
A) individual decision makers
B)
A)descriptive, making
A) the behaviour of
A)evaluating
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