Which of the following questions are macroeconomic questions? A. What factors determine the price of milk? B. What determines the wage of auto workers? C. What determines the inflation rate? D. None of the above are macroeconomic questions

Which of the following questions are macroeconomic questions? A. What factors determine the price of milk? B. What determines the wage of auto workers? C. What determines the inflation rate? D. None of the above are macroeconomic questions

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter5: An Introduction To Macroeconomics

Section: Chapter Questions

Problem 2DQ

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Question

Which of the following questions are macroeconomic questions?

	A.	What factors determine the price of milk?
	B.	What determines the wage of auto workers?
	C.	What determines the inflation rate?
	D.	None of the above are macroeconomic questions

Branch of economics that analyzes the behavior and performance of an economy as a whole. It focuses on the study of aggregates and evaluates changes related to unemployment, gross domestic product, inflation, monetary and fiscal policies of the government.

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