Author Question: Rapid increases in military spending by the federal government without accompanying increases in ... (Read 61 times)

jeatrice · **on:** Jun 30, 2018

Rapid increases in military spending by the federal government without accompanying increases in real output could be a cause of cost-push inflation.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following lies primarily within the realm of macroeconomics?
a. a study of the elasticity of demand for gasoline
b. a study of how tax cuts stimulate aggregate production
c. an analysis of supply and demand conditions in the electricity market
d. a study of the impact of mad cow disease on the price of beef worldwide