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Author Question: The ultimate objective of macroeconomics is to: a. reduce the unemployment rate in an economy. b. ... (Read 83 times)

student77

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The ultimate objective of macroeconomics is to:
 a. reduce the unemployment rate in an economy.
 b. stabilize the growth rate in an economy.
 c. develop and test theories about how the overall economy works.
 d. improve the international competitiveness of U.S. financial markets.
  e. maximize the efficiency of government intervention in the marketplace.

Question 2

Which of the following is an outcome of advertising for a monopolistically competitive firm?
 a. Long-run average costs shift downward.
 b. The firm's demand curve becomes flatter and shifts inward.
 c. The firm's demand curve keeps the same slope and shifts inward.
  d. Long-run average costs shift upward.



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Brummell1998

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Answer to Question 1

c

Answer to Question 2

d




student77

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Reply 2 on: Jun 30, 2018
Excellent


miss.ashley

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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