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Author Question: The ultimate objective of macroeconomics is to: a. reduce the unemployment rate in an economy. b. ... (Read 84 times)

student77

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

c

Answer to Question 2

d


student77

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ktidd

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Reply 3 on: Yesterday
Excellent

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