Author Question: Which of the following questions can be answered using the concepts of macroeconomics? A) What is ... (Read 91 times)

jilianpiloj · **on:** Jun 30, 2018

Which of the following questions can be answered using the concepts of macroeconomics?

A) What is the effect of an increase in price on the supply of a good?
B) Why do some firms produce differentiated goods?
C) What is the difference between a public good and a private good?
D) Why does the rate of economic growth fluctuate from year to year?

Question 2

The U.S. economy has had persistent inflation in recent decades. A possible explanation for the inflation is that

A) there have been decreases in the growth rate while aggregate demand has remained unchanged.
B) growth in aggregate demand has been greater than growth in aggregate supply.
C) there have been decreases in aggregate demand while aggregate supply has remained unchanged.
D) there have been increases in the growth rate while aggregate demand has remained unchanged.

yuyiding · **Reply #1 on:** Jun 30, 2018

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 39% of students answer this correctly