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Macroeconomics Study Focus
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Macroeconomics Study Focus

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Questions and Answers

What is the main focus of macroeconomics?

  • Individual households and their economic problems
  • Fluctuations and trends in aggregated data (correct)
  • Large economic units like corporations
  • Fluctuations and trends in disaggregated data

    • Which economic problems are studied in macroeconomics?

  • The level of economic activity
  • 1 and 2 (correct)
  • The rate of unemployment
  • Competition policy

    • Which topic is outside the scope of macroeconomics?

  • The aggregate growth rate of the economy
  • Changes in the price of a particular good in a specific market (correct)
  • The level of productivity compared with that in the United States
  • Changes in the unemployment rate

    • What is an equivalent term for 'real national income'?

    <p>Constant-dollar national income</p> Signup and view all the answers

    4

    <p>Fluctuations and trends in aggregated data</p> Signup and view all the answers

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