Which of these is not a goal of macroeconomics? O a. To achieve higher level of employment O b. To achieve higher level of GDP O c. To help in stabilizing prices O d. to help determine the most efficient use of a machine
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- Purchases of which of the following goods would be dramatically reduced during a recession? Select one: O a. ink pens Ob. refrigerators O c gasoline O d. tomatoesciples of Macroeconomics || Fall20 1 What does the PPI measure? ed Select one: d out of O a the average change in the prices paid for all goods produced in the economy over a given year O b. the level of production of goods and services generated in the economy in a given year question O c. the difference between the prices consumers pay for goods and services and the prices producers pay for O d. the average of the prices received by producers of goods and services at all stages of the production pro Ti navigation Type here to searchWhich of the following is not included in macro environment? O a. Competitors b. Economic O C. Political o d. Demographic
- Economists find in a business cycle, a peak represents the end of, and a trough represents the end of Select one: a. an expansion; a recession O b. a depression; an expansion O c. a recession; an expansion O d. a trough; a peakWhich of the following is a macroeconomic question? How many textbooks should be published by a publisher? O How much should English majors earn after college? How do members of a household decide whether to clean their own houses or hire someone else to do it? What is the rate of unemployment? O What is the price of a new 40-inch television?Intermediate Macroeconomics, Chapter 4 nel, 127 4.4 Exercisessbi cod hasdioeoolslngo) S. seea Yei ted loo-ddo i noonu noitouh ng Exercise 4.1 (The U.S. Population Slowdown and Income Per Capita). noitaluqoq bnn losig) U.S. Population in Selected Years o bns boirsq ai fsbom wolo2 adt o Year ToMood o (n or 1870 anbron ber boaont 1871 Population in millions ottslogobiw 40.24 tadn toq lesiqes 41.10 S c 2015 abon hec 321.08 wolod ards lo eoteteng sdi lo eod ai A bas A paiepa sige 323.30 2016 V ent por yo lssa Jobom the al output 1. Using the information provided in the table, calculate the population bojon growth rate between 1870 and 1871 and between 2015 and 2016. Denote these two numbers n and n', respectively.sTbalonab bast bas lo Todmun odt tadd osogqueI>o > 0 dtiw T = (.T) s9 0.1), 2. Suppose that the depreciation rate is 10 percent per year (8 = 0odT (n+I)=14.e adt boinoq roq 0J D The following table contains information about an economy that produces only soda and pizza. The base year is 2020. Use this information to answer the question. Year Price of Soda Quantity of Price of Pizza Soda 2020 100 $10 2021 120 12 2022 120 14 What is the approximate percentage increase in prices from 2021 to 2022? O0 percent O b. 13 percent O 16 percent O d. 22 percent O38 percent $3 3 4 Quantity of Pizza 50 70 70In a strong, growing economy, what happens to the number of jobs and types of jobs? O The number of jobs grows and the types of jobs grow as well. O The number of jobs varies with the old types of jobs and the new types of jobs. O There are fewer workers in each type of job as machines replace them, though there is no change in the types of jobs. The average trend is that there is an increase in the number of jobs but some types of jobs cease to exist while other, new types of jobs replace them. Which of the following is the best example of frictional unemployment? * John, a coal miner, was laid off because of a lack of demand for workers in his O industry. He is looking into new opportunities in computer programming, but they require him to gain some new skills. Heather recently graduated with her doctorate in economics. She is searching for a job that matches her skills. Peter, a highly skilled construction worker, lost his job when the recession began. He is looking for work, but…QUESTION 19 Which of the following is a microeconomic statement? OA The real domestic output increased by 2.3 percent last B. Unemployment was 6.5 percent of the labor force last year O C. The price of personal computers declined 4.7 percent last year OD. The general price level increased by 3.1 percent last year year QUESTION 20 Save All Answe Click Save and Submit to save and submit. Click Save All Answers to save all answers. DELLpring20 fall20 The Producer Price Index (PPI) is a Select one: a. price index measuring the changes in prices of all new goods and services produced in the economy. b. statistical measure of a weighted average of prices of a specific set of goods and services purchased by wage earners areas. O C. price index that tracks the price levee of commodities that firms purchase from other firms. O d. statistical measure of a weighted average of prices of commodities that firms produce and sell. Clear my choiceWhich one of the following does NOT represent a key macroeconomic variable? O A. The population growth rate. O B. Gross Domestic Product (GDP). O C. The inflation rate. O D. The unemployment rate.1:02 ME . O 51% Adobe Scan 01 Oct 2021 (1) Consider an economy that produces and consumes bread and automobiles. In the following table are data for two different years. Year 2000 2010 Price of an automobile $40,000 $50,000 Price of a loaf bread $20 $30 Number of auto-mobiles produced 100 cars 120 cars Number of loaves of bread produced 600,000 loaves 500.000 loaves How much have prices risen between year 2000 and year 2010? Compare answers given by Laspeyres and Passche price indices Share Modify Comment More VSEE MORE QUESTIONS