which of the following would be a macroeconomic question? which of the following would be a macroeconomic question?

Answered: Which of the following macroeconomic | bartleby Which of the following is a microeconomics question? D) above the market wage, causing labor demand to be less than labor supply. Which one of the following is not a key people behind macroeconomics? He hasn't looked for a job in the last three months, but he's just started looking for work again. A) a law making it illegal to work more than 35 hours per week D) a contractionary; an expansionary. A) deadweight loss is maximized This would A) the firm has an incentive to increase supply now and decrease supply in the future. Which of the following is an example of spending on factors of production in the circular flow model? C) The demand curve will shift to the right. B) productive efficiency C. choices; scarce B. The output of U.S. citizens who work in Canada would be included in the _____________ Which of the following is not a function of money? Group of c. As less and less time is spent on one activity, the opportunity cost of that activity in terms of other activities rises ________ and ________ are the largest sources of revenue collected by the federal government The increase in the amount that the government collects in taxes when the economy expands and the decrease in the amount that the government collects in taxes when the economy goes into a recession is an example of Microeconomics is the study of a single unit or a single firm whereas the macroeconomics is.. (a). D) quantity of Dell employees. Macroeconomics EC112 Flashcards | Quizlet A) climate and natural resources. In this initiative, you can attempt 10 subjective MCQs on a daily basis. Profit opportunities are eliminated almost instantaneously Should you go back to school and get a second major? C) decrease the number of persons in the labor force. A) above; surplus To Liza, B. D) equal 20%. A) automatic stabilizers; discretionary fiscal policy B) the number of lawn care service companies has increased. A) decrease the required reserve ratio. You know that average prices have risen steadily since 1961. C) 3% Which of the following is a macroeconomics question? a. How many Given the following data, what is money creating potential in this C. Production of nonmilitary goods will decrease. A) increase the measured unemployment rate. c. producers B) discretionary fiscal policy. The four basic economic questions are: what goods to produce, how to use resources in the production process, who receives the finished goods and when to produce the goods. D) the nominal interest rate. a. Ockham's razor C) The tax cut would increase consumption spending by the same amount as would a permanent tax cut. D) What determines the salaries of college professors? A) the money supply and interest rates that automatically increase or decrease along with the business cycle. Which of the following causes the unemployment rate to understate the true extent of joblessness? B) European countries offer higher unemployment benefits than the United States. E. consumers and firms choosing which goods and services to buy or produce. Question: Which of the following is a macroeconomics question? Which of the following is an example of spending on goods and services in the circular flow model? D. All of the choices are correct. A) ice cream and hot fudge are complements. D. Jenny's wage rate rose, and in response, she decided to work more hours. A. C. The overall economy. B. ECON303exam3chp8 Flashcards by Mengna Chen | Brainscape C) Consumer surplus measures the net benefit from participating in a market. B) real GDP per person B) Yes, the recession will lower income in my field permanently. If the BLS counted persons that are on active military service in the totals for employment, the labor force, or the working-age population, this would _______________ a. D) ice cream is a normal good and hot fudge is an inferior good. D) The "Lucky Ducky" casino buys a new crabs table for the casino floor. Principles of Macroeconomics Quiz- Which of the following represents the major functions of the central bank (a) note issuing agency (b) controller of. A. unlimited wants exceed limited resources. B. D. what will be produced; how something will be produced; ________ is a situation in which a good or service is produced at the lowest possible cost. ________ is defined as a market outcome in which the marginal benefit to consumers of the last unit produced is equal to the marginal cost of production, and in which the sum of consumer surplus and producer surplus is at a maximum. B) the bread that Subway purchases for its sandwiches ECO 210 Ch.1 Flashcards | Quizlet D) No, the recession will have no impact on my ability to get a job or my future income. D) Lily purchases a new massage table for use in her therapy center. B) The demand curve for inkjet printers shifts to the left. In a market economy, those who are willing and able to buy what is produced. A) will lower disposable income and lower spending. The economic term for the costs associated with negotiating and enforcing a contract is a. opportunity costs. D) technology. D) all of the above are true. A) the value of leisure is included in GDP. Works through central planning by government. Aggregate unemployment B) structural unemployment a. D. Laissez faire. See Answer 14 15 Show transcribed image text Expert Answer Answer no (14). B) substitution A) falls; Marla's work takes place in the underground economy once she's married B) adds 1,000 new cars to inventories. A: Macroeconomics is that branch of economics in which we study the economic problem and issues at a. Which of the following correctly describes the relationship between economic efficiency and economic equity? a. What determines the growth rate of gross domestic product? D) Excise and other taxes; individual income taxes. B) an increase in quantity demanded. The production possibilities curve illustrates which two of the following essential principles? In a free market, production is determined by market forces. The size of the underground economy would tend to decrease if the government of a country __________________ A) higher; higher D) decrease tax rates. Answer the following questions by selecting the appropriate answer from the list below. D) about the same difficulty as with monetary policy. The production possibilities curve illustrates which two of the following essential principles? b) A French pharmaceutical firm builds a new factory in Poland for its subsidiary. D) a bridge purchased by the state government. (Round percentages to one decimal place.). A. Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Alexander Holmes, Barbara Illowsky, Susan Dean, David R. Anderson, Dennis J. Sweeney, James J Cochran, Jeffrey D. Camm, Thomas A. Williams. Cadre Management for Indian Economic Services A) those that borrow money lose. Rational cost A) U.S. GDP. Assume PetSmart, Inc. expects to incur $380,000 of indirect costs this year. Choices made by people faced with scarcity b. What is the impact of competition on the profits of a business? c. degree of operating leverage. Consumption of cigarettes. The economy's capital stock declines. B) structural Grossprofit.Sellingexpenses..Administrativeexpenses.TotaloperatingexpensesIncomefromoperations.Otherincome..Incomebeforeincometax..Incometaxexpense..Netincome.20Y1$1,500,000510,000$990,000$270,000180,000$450,000$540,00060,000$600,000450,000$150,000$1,250,000475,000$775,000$200,000156,250$356,250$418,75050,000$468,750375,000$93,750. \text{Admission}&\text{\$\hspace{10pt}60,000}\hspace{10pt}&\text{Number of admissions}&\text{\hspace{5pt}20,000}\\ D) an increase in the price of gasoline. The decision about what goods and services will be produced in a market economy is made by Solve homework. D) building an online job database that helps workers find jobs. D) What determines the level of U.S. imports and exports? Which of the following is a macroeconomics question? The study of national economy as whole. When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the marginal cost of producing it, ________ occurs C) Every individual, no matter how rich or poor, is faced with making trade-offs. A graph that contains two variables with a negative relationship is _________, while a graph that contains two variables with a positive relationship is _________. A) Economic efficiency If inflation is positive and is perfectly anticipated ____________ Zero because you knew when you registered for the class that studying would be required. Adam Smith's invisible hand is now called B) discouraged workers D) taxes. Which of the following would be classified as fiscal policy? A. Equity A. \\\hline Dear Friends, We are posting prelims marathon MCQs for today. B) increased income tax rates. A) The federal government passes tax cuts to encourage firms to reduce air pollution. The following macroeconomic projected return models Macroeconomics is a branch of economics that deals with the structure, performance and behaviour of the overall economy. (a) 3,6,12,3,6,12, \ldots3,6,12, Given this information, we know for certain that ________ E) Discouraged workers are counted as unemployed. Suppose in 2016, you purchase a house built in 2003. Will a cut in the interest rate increase Canadian output? D. None of these choices are correct. B. stabilize the price level. Assume the punctuality random variable follows a binomial distribution. D) decrease the number of persons in the working-age population. B) below the market wage, causing labor demand to be less than labor supply. there is a current account deficit. How do you go about allocating your time in a given day among competing alternatives? Because Mike started looking for a new job ______________ How does the increasing use of digital cameras affect the market for traditional camera film? D) 3.5% B) the sum of consumer and producer surplus. B) protect the environment. How much will be saved; what will be produced; and how can these goods and services be fairly distributed? a. C) Their value is counted separately, but is not included as part of the value of the final good for which they are an input. D) the value of the services of the real estate agent, Which of the following goods is directly counted in GDP? D. the choices people make to attain their goals, given their scarce resources. \text{Total indirect costs}&\text{\underline{\underline{\$\hspace{5pt}380,000}}}\hspace{10pt}\\ C. the tendency of many economic variables to move together in a predictable way over the business cycle. The opportunity cost of studying for an economics test is Electric car enthusiasts want to buy more electric cars at a lower price. A lassiez faire approach will reduce the level of pollution. Economics promotes which of the following as the way to make the best decision? C. Levels of production that will cause both unemployment and inflation. A decrease in input costs in the production of LCD televisions caused the price of LCD televisions to decrease. A. achieve full employment. C) goods and services. A) a persistent mismatch between the skills and characteristics of workers and the requirements of the jobs. c. Florida should devote all revenues from its state lottery to improving public education b. One can conclude that \textbf{\hspace{10pt}Activity}&\textbf{Cost}&\hspace{20pt}\textbf{Allocation Base}&\textbf{of Allocation Base}\\ Suppose that homemakers are included as employed in the labor force statistics, rather than being counted as out of the labor force. ECO111 Quizz 01 FALL 2021. D) consumer price index. To the extent the data permit, comment on the significant relationships revealed by the vertical analysis prepared in (1). B) a job retraining program C) The federal government pays out an unemployment insurance claim. B. (B) important rather than trivial issues. Household income D) a decrease in oil prices, The aggregate demand curve will shift to the left ________ the initial decrease in government purchases. D. give more money to the government to solve its problems. C) The purchasing power of your salary remained constant between 2007 and 2016. A) the opportunity cost to firms from producing the equilibrium quantity in a competitive market. D) incorporates substitutions by consumers when prices of specific products fall rapidly. FortheYearsEndedDecember31,20Y2and20Y1. C) decrease. A. It focuses on areas like inflation, economic growth rate, price levels of various goods and services, gross domestic product (GDP), national income and the unemployment rate in a particular country. They are both automatically achieved in a free market economy. E. it is easier to book holidays in member countries. d. Dollar cost, T/F The process of analyzing the additional costs or benefits which arise from a decision is known as marginalism, You own the video game Grand Theft Auto V. The opportunity cost of playing this game for the second time B) In a market system, firms can charge any price they want, thus preventing poor people from getting as many goods and services as they wish. B) increase; less Three Economic Questions: What, How, For Whom? | Encyclopedia.com The minimum wage law causes unemployment. D) refrigerator. If Congress passed a one-time tax cut in order to stimulate the economy in 2014, and tax rate levels returned to their pre-2014 level in 2015, how should this tax cut affect the economy? B) The tax cut would increase consumption spending more than would a permanent tax cut. Every society faces economic tradeoffs. It is an example of the post hoc fallacy D) The demand curve for traditional camera film shifts to the left. B. b. Should Congress and the president take action to reduce global warming? Scarce resources and opportunity cost. Lower disposable income decreases consumption at every price level. All of the above. It is also the case that reported burglaries increase during the same period. The two policies may have similar objectives, which are to foster economic development and stability; nevertheless, the ways . Despite the Obama administration's support of the Trans-Pacific Partnership (TPP), the AFL-CIO labor union has argued that the TPP will not A) GDP rises by $1,875. C) decrease; more A) The demand curve for traditional camera film shifts to the right. 1. A) the value of worn-out equipment, machinery, and buildings. Select the phrase that correctly completes the following statement. D. some people live better than others do. Public economics Is not a very efficient means of communicating consumer demand to the producers of goods and services. b. real costs. D. the government, consumers, and producers An economic ________ is a simplified version of some aspect of economic life used to analyze an economic issue. D) the level of technology is fixed and unchanging. D) risen and declined with different generations, Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability, high rates of economic growth, and high employment C) looking for work is your only option. D. There is too much production of lowcost, highquality goods and services.