Which of the following is NOT an objective of macroeconomics?O A. A high and growing level of national output.O B. High employment with low unemployment.O C. A higher salary for municipality workers.O D. A stable or gently rising price level.

Macroeconomics is a part of financial matters that concentrates on how a general economy—the market…

Answered: Which of the following is NOT an…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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If Korea is currently producing at efficiency, and it proceeds to increase the production of missiles, then, as long as nothing else changes, its: O A. Production-possibilities curve will shift outward. O B. Production-possibilities curve will shift inward. O c. Production of non-military goods will increase. O D. Production of non-military goods (civilian goods) will decrease.
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Time le If in a previously fully employed economy, some workers were to become unemployed, how would you show this change on the production possibility frontier? Select one: O a. The PPF would shift outward. O b. The PPF would shift inward. O c. The PPF would pivot inwards O d. The PPF would pivot outwards O e. The point representing output on the PPF would shift inside the line. Next
A person may become unemployed as a result of cutbacks in a business's production. O True False

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Which of the following is NOT an objective of macroeconomics? O A. A high and growing level of national output. O B. High employment with low unemployment. O C. A higher salary for municipality workers. O D. A stable or gently rising price level.