This topic contains a solution. Click here to go to the answer

Author Question: All of the following are aspects of macroeconomics EXCEPT A) the U.S. unemployment rate. B) the ... (Read 55 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
All of the following are aspects of macroeconomics EXCEPT
 
  A) the U.S. unemployment rate.
  B) the production decisions of a pharmaceutical firm.
  C) the budget deficit of the United States.
  D) foreign trade.

Question 2

Other things being equal, suppose that the demand for wheat in constant quality units increases. The increase in demand will cause
 
  A) a surplus of wheat.
  B) a higher equilibrium price and higher equilibrium quantity of wheat.
  C) fall in the market clearing price of corn, a substitute for wheat.
  D) a higher equilibrium quantity, but a lower equilibrium price of wheat.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

B




pepyto

  • Member
  • Posts: 547
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Excellent

 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

For a complete list of videos, visit our video library