Author Question: Which of the following would likely be studied in a macroeconomics course? A) the unemployment ... (Read 136 times)

Chelseaamend · **on:** Jun 29, 2018

Which of the following would likely be studied in a macroeconomics course?

A) the unemployment rate
B) total output for an economy
C) the inflation rate
D) all of the above

Question 2

Production refers to

A) physically producing material goods only.
B) any activity carried on by a firm, whether a corporation, partnership, or sole proprietorship.
C) any activity that results in the conversion of resources into goods and services that can be consumed.
D) any activity that causes a material conversion of manufactured goods.