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Author Question: Which of the following would most likely NOT be taught in a macroeconomics course? A) changes in ... (Read 28 times)

PhilipSeeMore

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on: Jun 29, 2018
Which of the following would most likely NOT be taught in a macroeconomics course?
 
  A) changes in the health care industry
  B) factors leading to different economic growth rates among countries
  C) government actions in response to a slowdown in the economy
  D) the relationship between the inflation rate and the unemployment rate

Question 2

In a market system, what must take place for quantity demanded to continually be equated with quantity supplied?
 
  A) Price controls must be applied by governments.
  B) Relative prices must be able to adjust to market clearing levels.
  C) Tastes and preferences of consumers must adjust to eliminate surpluses or shortages.
  D) Businesses must engage in involuntary, unprofitable exchanges to eliminate surpluses or shortages.


covalentbond

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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