07 Jun Question Chapter 1 Random
Question
Chapter 1 Random
Question 1 1 / 1 point
Macroeconomic topics do not usually include:
Correct Response
a)
the profit maximizing decisions of an individual manufacturer.
b)
economic growth.
c)
the rate of inflation.
d)
the rate of unemployment.
Chapter 1 random definitions
Question 2 1 / 1 point
When nations desire a healthy macroeconomy, they typically focus on three goals, one of these being:
Correct Response
a)
low inflation
b)
balanced budget
c)
prudent monetary policy
d)
assuring competition between firms
Question 3 1 / 1 point
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
a)
the division of labor
b)
households
c)
business firms
Correct Response
d)
unemployed people
Question 4 0 / 1 point
In the ______________, households receive goods and services and pay firms for them.
Correct Answer
a)
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