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Questions and Answers
What is the main focus of macroeconomics?
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?
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?
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'?
What is an equivalent term for 'real national income'?
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