Exploring Macroeconomics
8th Edition
ISBN: 9781544337722
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Question
Chapter 1, Problem 3P
To determine
(a)
The branch of economics that covers the effect of an increase in supply of lumber on the home building industry.
To determine
(b)
The branch of economics that covers the changes in the
To determine
(c)
The branch of economics that covers the changes in the inflation rate.
To determine
(d)
The branch of economics that covers the changes in the country's
To determine
(e)
The branch of economics that covers the
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Students have asked these similar questions
Which of the following is Microeconomics
concerned with?
A. The size of national output
B. The level of employment
c. Changes in general level of prices
D.
None of the above
Which of the following is a macroeconomic topic?
a. Whether the army should buy more tanks or more rockets
b. the reasons for the rise in average prices
c. the reasons for a rise in the price of orange juice
d. why plumbers earn more than janitors
Which of the following is NOT studied in microeconomics?
The effects of government regulations on automobile demand.
The relationship between household income and household savings.
A family’s decision on how much income should save in a year.
The relationship between the inflation rate and changes in the quantity of money
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