We can use macroeconomic analysis to
A) study the choices made by households.
B) understand marginal changes in the macroeconomy.
C) understand why economies grow.
D) learn how to balance a checkbook.
Correct Answer:
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Q26: If 20 million workers are unemployed and
Q27: Between a peak and a trough, the
Q28: The unemployment rate equals
A) labor force/population.
B) unemployed/employed.
C)
Q29: The demand for steel has decreased in
Q30: If the labor force is 50 million
Q32: A prolonged and deep recession is called
A)
Q33: The period in the business cycle from
Q34: Which of the following statements is false?
A)
Q35: Unemployment implies that in the labor market
A)
Q36: Macroeconomics
A) studies the behavior of individual consumers,
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