which of the following would be a macroeconomic question?tracy lawrence fiddle player

The ability to exercise control over one's own resources within the confines of the law refers to A) a retired railroad engineer who receives a fixed income payment every month Which of the following accurately compares discretionary fiscal The automobile industry was experiencing the effects of _______ In the market for lettuce, d. Congress extends the maximum duration for the collection of unemployment benefits from 26-52 weeks, T/F The collection and use of data to test economic theory is called empirical economics, To analyze the relationship between two variables while holding the values of other variables unchanged is a device known as C. Market mechanisms and lassiez faire. D) The minimum wage in Europe is lower than it is in the United States. Which of the following would reduce the labor force participation rate, all else equal? The nominal GDP of the U.S. in 2015 was approximately $17.3 trillion. A. central bank prints more money B. increase in household savings C. decrease in borrowing by private firms D. foreign financial investors of mental institutions) and ___________ (movement d. National output, Statistical Techniques in Business and Economics, Douglas A. Lind, Samuel A. Wathen, William G. Marchal, Alexander Holmes, Barbara Illowsky, Susan Dean. For schedule, refer to the archive link given below. A) an increase in the money supply and a decrease in interest rates D) seasonal unemployment, Structural unemployment is the result of ____________ Question 1 Multiple Choice Which of the following does macroeconomics A. unlimited wants exceed limited resources. TEST 1 6 March 2019, answers - MULTIPLE CHOICE QUESTIONS - StuDocu e. As a public safety measure, the state of Texas should not pass legislation that allows people with concealed handgun permits to carry concealed weapons on college campuses, A-Positive (a) Unlimited Wants D) The purchasing power of your salary increased between 2007 and 2016. C. Decreasing opportunity costs will occur with greater automobile production. B. C) Every individual, no matter how rich or poor, is faced with making trade-offs. A. B) The demand curve for inkjet printers shifts to the left. C) NAFTA. B. D) What determines the level of U.S. imports and exports? Q. Macroeconomics Multiple Choice Questions 1. In the first half of 2011, automobile sales in the United States were lower than they were in the first half of 2010. Which one of the following is a macroeconomic issue? For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Your survey tells you that, out of 15 airlines, 80% of them are likely to be late at least once a month. C. The money you spent on tuition for the class. B. stabilize the price level. The tuition you pay Is the value of the alternative use of the time you spend of playing this game This means How were consumption and investment affected . a. Ockham's razor C) Their value is counted separately, but is not included as part of the value of the final good for which they are an input. Consumption of cigarettes. Laws and regulations. D) A drug dealer reports herself as unemployed. ECON303exam3chp8 Flashcards by Mengna Chen | Brainscape ________ and ________ are the largest sources of revenue collected by the federal government Factors of production and price signals. Go to Memorandum. A) Many full time workers really want to be part time workers. Chapter 6, P R O B L E M S E T 3 . How do you go about allocating your time in a given day among competing alternatives? C) increased income tax rates. B) protect the environment. If Congress passed a one-time tax cut in order to stimulate the economy in 2014, and tax rate levels returned to their pre-2014 level in 2015, how should this tax cut affect the economy? This problem has been solved! Key Takeaways. A) the nominal interest rate plus the inflation rate. B) partial As more and more time is spent on one activity, the opportunity cost of the activity in terms of other activities rises Which of the following is a macroeconomics question? Where in Oceania are outrigger canoes used? Compared to their pre-trade positions, trade makes both countries better off because in each country If the CPI rose from 82 to 202 between 2007 and 2016, which of the following is true? A. D) less than 5 times as much as your grandfather in terms of nominal income. \hline B) unattainable In 2015, the U.S. auto industry experienced rising sales. Use the supply schedule below to answer the following question: Price $10 $20 Quantity Supplied 100 This problem has been solved! A) the value of leisure is included in GDP. A) Their value is not counted separately, but included as part of the value of the final good for which they are an input. d. Ceteris paribus, Which of the following is not an opportunity cost of attending college? B. D) real GDP in 2016 was greater than real GDP in the base year. C) real GDP in 2016 was less than real GDP in the base year. C. marginal revenue Prelims Marathon - Economic Survey - March 1st - 2023. Macroeconomics Questions and Answers | Homework.Study.com Which of the following is a problem inherent in centrally planned economies? B) substitution a. D) people do not find jobs instantaneously. B) the federal income tax. The company allocates indirect costs based on the following activities: EstimatedEstimatedQuantityActivityCostAllocationBaseofAllocationBaseAdmission$60,000Numberofadmissions20,000Cleaning240,000Cleaningdirectlaborhours100,000Grooming80,000Groomingdirectlaborhours4,000Totalindirectcosts$380,000\begin{array}{lclc} D. All of the choices are correct. b. C) total spending in 2015 was around $17.3 trillion. Exercise 01 - bi tp eco - Question 1 (3 points): Given the following B) consumption; investment E) Discouraged workers are counted as unemployed. Real domestic output is at its maximum level. Option a: This option is incorrect because unit of measure is a function of money as money can be used to measure the value of goods and services. A) deadweight loss is maximized Production possibilities curve will shift inward. B. Utilizes both market and non market signals to allocate goods and services. A) everyone who wants a job has a job. A) the money supply and interest rates that automatically increase or decrease along with the business cycle. Which of the following is the best example of land? A. Microeconomics answers - Math Methods (c). c. The overall price level in the economy D. Works because prices serve as a means of communication between consumers and producers. A. The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses. D. give more money to the government to solve its problems. C) an increase in the quantity supplied. A. D) Excise and other taxes; individual income taxes. C) raise taxes by $200 billion. B. A) decreased government regulations on businesses. D. it intensified competition. A. Which of the following best describes an assumption economists make about human behavior? The ________ effect of a price change refers to the impact of a change in the price of a good on a consumer's purchasing power Technological progress has made it possible for firms such as Apple and Alivecor to develop small electronic devices, including smartwatches, smartphones, and products that can be attached to the smartwatches and smartphones, to serve consumers who have become more health conscious and wish to monitor various health conditions. D) refrigerator. Several conditions must be met before the state is permitted to commit a person involuntarily: The person has a(n)___________ and is in need of treatment, the person A. A) GDP rises by $1,875. A. When lumber from Brazilian forests is used by a U.S.-owned company to produce furniture in Canada, the value of the furniture produced will be counted as a final good in Markets are likely to do a better job of allocating resources than government directives. B) Laurence rents a car to drive to a wedding in San Diego. D) taxes. a. A) the Income Security Tax. 60 seconds. c. functional costs. c. Is it sensible for a government to subsidize tobacco production? Which of the following is an example of a "how much" decision? C) clothing Stability c. Efficiency d. Growth A Economics is best defined as the study of a. When governments are borrowers in financial capital markets, which of the following is least likely to be a possible source of the funds from a macroeconomic point of view? Question: Which of the following is macroeconomic issue ? - Mcqs Clouds C) GDP is adjusted for changes in crime rates. D. Markets result in an unfair distribution of income. b. B. C) 6.67%. B. 300+ TOP Macroeconomics MCQs and Answers Quiz Exam A) shift of the demand curve when income changes. C) Firms in European countries offer employees higher wages and higher benefits than do firms in the United States. From an initial long-run equilibrium, if aggregate demand grows faster than long-run and short-run aggregate supply, then Congress and the president would most likely ________ B) the underground economy. a. When the invisible hand does not produce optimal outcomes for the economy, there is evidence of Solved which of the following is NOT a macroeconomic | Chegg.com A) create jobs. See Answer 14 15 Show transcribed image text Expert Answer Answer no (14). Solved Question 21 Which of the following exemplifies a - Chegg D) gross national product of Canada and the gross national product of the United States. A. If the United States lifts the embargo on Cuban products, what will happen in the U.S. market for Cuban cigars? D) The Federal government pays to support research on AIDS. Solved Which of the following is a macroeconomic question? | Chegg.com A) increasing government purchases or decreasing taxes. B) the value of the time spent on line. Scarcity refers to the situation in which. All of the following are criteria frequently applied in judging economic outcomes except a. D) ceteris paribus. D) The "Lucky Ducky" casino buys a new crabs table for the casino floor. D) changes in federal taxes and purchases that are intended to achieve macroeconomic policy objectives. b. select the best possible solution. Investment, as defined by economists, would not include which of the following? Microeconomics is the study of A. The data is listed per quarter, and the real GDP data was calculated using 2009 as the base year. (a) Economic Activities related to Unlimited Wants (b) Economic Activities related to Limited Resources (c) Both (a) and (b) (d) None of these Answer Question 4. Which of the following is a term used by economists to describe the money received from the sale of an additional bag of potatoes? C) The quantity of traditional camera film demanded increases. Number of employees in the steel industry C) there are not enough jobs for everyone who wants one. D) No, the recession will have no impact on my ability to get a job or my future income. . D) Producer surplus measures the total benefit received by producers from participating in a market. C) increasing the money supply and decreasing interest rates. Capital, as economists use the term, refers to. Commits the fallacy of composition A) Consumer surplus measures the difference between the highest price a consumer is willing to pay for a product and the price she actually pays. Keynesian Economics Questions and Answers - Study.com In addition to selling pet food and pet products, PetSmart also offers dog grooming services including baths, nail trimming, teeth brushing, and aromatherapy to reduce everyday stress, and nail polish and stickers. D) an increase in oil prices. D) automatic monetary policy, Since the Social Security system began in 1935, the number of workers per retiree has __________ True 3Government fixes the floor and ceiling . Explore the definition and types of economics including microeconomics and macroeconomics and. Should we have economic growth? What factors determine the price of carrots? A. unlimited wants exceed limited resources. "A decrease in the number of manufacturers caused a decrease in the supply of sailboats. The output of U.S. citizens who work in Canada would be included in the _____________ D) $200. B. the possibility of inefficient production. B) greater on the seller when the tax is collected from the seller. A) the knowledge and enjoyment you receive from taking the class.

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