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Author Question: All of the following are aspects of macroeconomics EXCEPT A) the U.S. unemployment rate. B) the ... (Read 59 times)

pepyto

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on: Jun 29, 2018
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.


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johnpizzaz

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

B

Answer to Question 2

B


pepyto

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

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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