Question homework 1

05 Jun Question homework 1

Question

homework 1

Chapter 1 random

Question 1 1 / 1 point

The two main tools of macroeconomic policy include monetary policy, and fiscal policy, which involves __________ spending.

Question options:

a)

capital market

b)

household

c)

government

d)

business

Question 2 1 / 1 point

Macroeconomics:

Question options:

a)

is concerned with the expansion of a small business into a large corporation.

b)

analyzes mergers and acquisitions between firms.

c)

is narrower in scope than microeconomics.

d)

is concerned with the expansion and contraction of the overall economy.

Question 3 1 / 1 point

In the ____________, households work and receive payment from firms.

Question options:

a)

savings market

b)

financial investment market

c)

financial capital market

d)

labor market

Question 4 1 / 1 point

Economic models like the _____________________ are not physical models, but instead are diagrams or graphs or even mathematical equations that represent economic patterns or theories.

Question options:

a)

Specialization Model

b)

financial capital market

c)

financial investment market

d)

circular flow diagram

Question 5 1 / 1 point

In which of the following countries will the national government have the greatest influence with respect to the nation’s economy?

Question options:

a)

Cuba

b)