Macroeconomics and the Global Economic Crisis

The study of individual economic behavior

The study of major economic issues (correct)

The study of economic history

The study of small economic issues

A crisis that began in 2007 that depressed economic activity worldwide (correct)

A crisis that occurred in the 1970s that led to high inflation rates

A crisis that began in 2010 that affected only the American economy

A crisis that resulted in the loss of income and jobs for millions of American families

The number of persons unemployed who are actively looking for work (correct)

The number of persons employed in a specific industry

The number of persons unemployed who have given up looking for work

The number of persons employed in the economy

<p>It can decrease the value of family savings</p> Signup and view all the answers

<p>They are major economic aggregates studied in macroeconomics</p> Signup and view all the answers