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Author Question: Institutions: A) are mostly outside of human control. B) place constraints on human behavior, ... (Read 115 times)

ahriuashd

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on: Jun 30, 2018
Institutions:
 
  A) are mostly outside of human control.
  B) place constraints on human behavior, and these constraints may not be absolute.
  C) cannot be changed over time.
  D) do not affect incentives.

Question 2

Which of the following is a macroeconomic statement?
 
  A) Real domestic output of seafood increased 12 percent from 2015 to 2016.
  B) The U.S. inflation rate was two percent in 2016.
  C) The price of cell phones decreased by 18 percent last year.
  D) Motorcycle manufacturer productivity decreased by three percent in 2016.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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EAN94

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


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ahriuashd

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Reply #2 on: Jun 30, 2018
Thank you


EAN94

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Reply #3 on: Jun 30, 2018
No problemo


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