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.
Animals of Hindustan monkeys called bandar that can be taught to do tricks
Horses too young to be ridden are trained to accept a halter, taught basic skills, manners, and beco
Bade & Parkin, Foundations of Macroeconomics, 8th Edition
Macroeconomics (6th Edition)
Principles of Macroeconomics and MyEconLab
Macroeconomics, 8th Edition