Macroeconomic theory can be helpful to business managers, ...

[MGLQZ]

Macroeconomic theory can be helpful to business managers, because:
 a. It is like a crystal ball showing the future.
  b. It can reduce the odds of making bad decisions and increase the odds of making goods ones.
  c. It shows how the future is rather predictable, and by using these tools, countless riches can be made.
  d. It has been shown to be a highly accurate way of forecasting economic activity.
  e. All of the above.

Question 2

The major difference between short-term macroeconomic theory and long-run macroeconomic theory is:
 a. Short-term theory focuses mainly on demand-oriented factors, and long-run theory focuses mainly on supply-oriented factors.
  b. Short-term theory focuses mainly on supply-oriented factors, and long-run theory focuses mainly on demand-oriented factors.
  c. Short-term theory focuses mainly on financial markets, and long-run theory focuses mainly on the real goods market and the foreign exchange market.
  d. Short-term focuses mainly on the real goods market and foreign exchange market, and long-run theory focuses mainly on the financial markets.
  e. Short-term theory focuses mainly on the role government has in an economy, and long-run theory focuses mainly on the role financial and real markets have on the real goods market.

[Li Jun]

Answer to Question 1

.B

Answer to Question 2

.A