The gross profits of all U.S. businesses were $182 billion last year. Which of the following is a true statement about self-interest as used in the study of economics? The price of steel declined by 3% last year. C) Congress increased the minimum wage rate in January. C) Gross domestic product in Peru increased 4 percent from 2011 to 2012. D. The general price level increased by 4 percent last year. a. A. C. Gross domestic product in Peru increased 4 percent from 2011 to 2012. The real domestic output increased by 2.5 percent last year. C) Gross domestic product in Peru increased 4 percent from 2015 to 2016. b. B. The U.S. inflation rate was two percent in 2016. 19. Answer A) The unemployment rate for the United States rose to 5 percent in the last quarter. The price of steel declined by 3% last year. Statement II : India does not subscribe to Western sanction on energy trade with Iran. A. A. Which of the following statements is true? Input prices determine how … The pursuitContinue reading Which of the following is NOT a macroeconomic statement? C. The price of personal computers declined last year. a) The macroeconomic goal of sustainability concerns limiting the negative consequences of the business cycle. B. B) The price of cell phones decreased by 18 percent last year. Question: Which of the following is a positive macroeconomic statement: a.

Key macroeconomic variables include interest rates, which are a reflection of the risk of borrowing (not unlike the emotional price you might pay when borrowing cash from a family member). A 50-cent-per-pack tax on cigarettes will reduce smoking by teenagers by 12 percent. Which of the following statements does not apply to a market economy? Damit Verizon Media und unsere Partner Ihre personenbezogenen Daten verarbeiten können, wählen Sie bitte 'Ich stimme zu.' The reasons for the rise in average prices C. Whether the army should buy more tanks or more rockets A) The U.S. inflation rate was two percent in 2012. Aggregate worker productivity decreased by 3 percent in 2012. B) The Federal Reserve lowered interest rates at their last meeting. government ownership of the major industries. Expanding demand to reduce unemployment may mean that the balance of payments worsensD . 2012. Which of the following is a macroeconomic topic? a. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Question 34 2 points Save Answer Which one of the following statements is false? The gross profits of all U.S. businesses were $182 billion last year. Which of the following is NOT a macroeconomic statement? You are to examine these two statements carefully and select the answers to these items using the code given below : Code : Statement I : India supports the development and use of the Chabahar Port in Iran. Which of the following is a positive macroeconomic statement: a)The price of steel declined by 3% last year. b. The average cost of producing electricity nationally is rising. People may appear to use rules of thumb, as suggested by the assumption of bounded rationality, even though they may really be behaving in a manner suggested by the rationality assumption if Which of the following is NOT a macroeconomic statement? O A. b)The government should reduce the tax burden to help small business. D. The U.S. inflation rate was two percent in 2012. Answer A) The unemployment rate for the United States rose to 5 percent in the last quarter. C) Congress increased the minimum wage rate in January. B. Macroeconomics is not concerned with limited means. In short run macroeconomic equilibrium, actual GDP is above potential GDP. Dies geschieht in Ihren Datenschutzeinstellungen. D. b. Income tax determines how households expenditure changes. A macroeconomic policy does not only take into consideration finance but also social development. … Owners and managers do not have an economic incentive to supply the amount and type of financial information because it has no effect on the company’s ability to raise capital at the lowest cost. According to the World Commission on Environment and Development, sustainable development encompasses the assurance that changes “meets the needs of the present without compromising the ability of future generations to meet their own needs” (Brundtland (1987, p.8). D) Jenny's wage rate rose and, in response, she decided to work more hours. c. The effect that a new "police action" such as in Afganistan will have on national income. b. A. Macroeconomics is not concerned with scarcity. If all the households and businesses in the economy start saving more during economic hard times, that results in a fall in aggregate income hurting everyone in the economy. Which of the following is NOT a macroeconomic statement - 00246077 Tutorials for Question of Economics and General Economics C. Gross domestic product in Peru increased 4 percent from 2011 to 2012. Which of the following is a positive macroeconomic statement: a. Which B) The United States produces more services than goods. A. Any action can be based on self-interest if the person has some reason for the action. The unemployment rate for the United States rose to 5 percent in the last quarter. The price of cell phones decreased by 18 percent last year. The gross profits of all U.S. businesses were $182 billion last year. Workshop 2 solution Math137-W16-Final-Exam-Review Multiple Choice Questions Chapter 8 Household Behaviour Multiple Choice Questions Chapter 10 Output and Costs Multiple Choice Questions Chapter 12 Monopoly MEST10711 MENA Revision Notes B. | Deflation can worsen a recession by giving people an incentive to hold cash rather than to make productive investments. d. Whether government can implement a policy that will eliminate unemployment. C. Efficient outcomes will not make everyone happy. Which of the following is not a characteristic of the free market system? Which of the following is a macroeconomic statement? Should the president create a public works program to reduce unemployment? A. b. A. Which of the following statements is not correct? Whether a new governmental policy is inflationary or not. The excise tax rate on tobacco products c. A government subsidy on white bread d. The primary budget balance e. All of the above options are correct. b. © 2003-2021 Chegg Inc. All rights reserved. Directions : statement I and statement II. Aggregate worker productivity decreased by three percent in 2016. Aggregate worker productively decreased by 3 percent in C. Macroeconomics is not concerned with the choices of individual consumers. No one is looking out for the economic well-being of society as a whole. D. of the following is NOT a macroeconomic statement? B. Which Of The Following Is NOT A Macroeconomic Statement? C)could be either a reward or a penalty. Which of the following is a microeconomic concern? Do you or do you not agree with this statement? The price of cell phones decreased by 18 percent last year. D)could be a penalty but could not be a reward. Terms 10. A) The United States produces more goods than services. Total spending in the economy consists of consumption spending by households plus investment spending by firms plus government spending plus net spending by the … C. General Motors' profits increased last year. A. Whether Microsoft is a monopoly or not. D) Aggregate worker productively decreased by … The bank rate b. Which one of the following statements is correct? B. Indicate which of the following statements represent positive analysis (analysis concerned with what is) and which represent normative analysis (analysis concerned with what ought to be). B. B)could be a reward but could not be a penalty. A) The U.S. inflation rate was two percent in 2016. The price of beef declined by 3 percent last year. The government should reduce the tax burden to help small business. Für nähere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklärung und Cookie-Richtlinie. D. The productivity of steelworkers increased by 1 percent last year. The government should reduce the tax burden to help small business. a. a. A. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. Dazu gehört der Widerspruch gegen die Verarbeitung Ihrer Daten durch Partner für deren berechtigte Interessen. Skill: Conceptual AACSB: Reflective Thinking 12) Which of the following statements is correct? c. The productivity of hospitality workers increased by 1% in 2016. d. The gross profit of … Macroeconomics is a branch of the economics field that studies how the aggregate economy behaves. Conflicts between objectives mean that macroeconomic policy can never be regarded as successfulC . The price of beef declined by 3 percent last year. A. Yahoo ist Teil von Verizon Media. a. D. The productivity of steelworkers increased by 1 percent last year. Which of the following is not a macroeconomic statement? aus oder wählen Sie 'Einstellungen verwalten', um weitere Informationen zu erhalten und eine Auswahl zu treffen. 2. Choose the one alternative that best completes the statement or answers the question. D. Gross domestic product in Peru increased 4 percent from 2015 to 2016. A. B) The price of cell phones decreased by 18 percent last year. B. Privacy Aggregate worker productivity decreased by 3 percent in 2012. View desktop site. B) The price of cell phones decreased by 18 percent last year. However, if money inflation is 5% then the change in real GDP is somewhat less than that. Which of the following statements is correct with respect to economic incentives to release financial information? Malthus argued that charity and government aid was an effective way to reduce poverty. B. Which of the following is not a macroeconomic statement? Households decide which firms to work for and what to buy with their incomes. Which of the following statements about macroeconomic equilibrium is the most accurate? Which of the following is not a macroeconomic question? 1)An incentive A)is the opposite of a tradeoff. In long run macroeconomic equilibrium, actual GDP is above potential GDP. Which of the following macroeconomic variables is procyclical and coincident with the business cycle? A. A) The The price of cell phones decreased by 18 percent last year. D. The U. 3. The federal government should spend more on AIDS research. Which of the following is NOT a macroeconomic statement? a. Firms decide whom to hire and what to produce. A. B) The MULTIPLE CHOICE. Which of the following is NOT a macroeconomic statement? Which of the following statements about macroeconomic policy objectives is correct?A . Firms decide whom to hire and what to produce. & b. 1) 2)The most fundamental economic problem is A)security. Unemployment was 6.8 percent of the labor force last year. Which of the following is not a macroeconomic statement? Which one of the following statements is NOT true about the general dividend valuation model? A. Macro economics deals in the study of a nation's aggregate demand, aggregate supply, national income, employment, inflation etc. The Federal Reserve lowered interest rates at its last meeting. Multiple Choice. Why plumbers earn more than janitors B. Sie können Ihre Einstellungen jederzeit ändern. D) Jenny's wage rate rose and, in response, she decided to work more hours. Public Economics 3D The public sector and the economy Tutorial worksheet 11 1. A.issues relating to the balance of payment B.the determination of prices in the agricultural sector C.the relationship between in inflation and unemployement D.the possible effect of budget deficit increases on level of investment a. Efficient outcomes have the possibility of making everyone better off. b)The government should reduce the tax burden to help small business. The gross profits of all U.S. businesses were $182 billion last year. B. Economic growth in South Africa. Which of the following is a macroeconomic statement? 2012. Identify the macroeconomic issue among the following statements. b. a. Gross domestic product in Peru increased 4 percent from 2011 to The most efficient outcome is the one with the greatest economic surplus. Governments always regard control of inflation as the most important policy objectiveB . a. Industrial production b. Aggregate worker productivity decreased by 3 percent in 2012. Which of the following statements does not apply to a market economy? Don't agree, because there is a lot more to the study of macroeconomics than the sum of its individual microeconomic parts. The gross profits of all U.S. businesses were $182 billion last year. Which of the following is a macroeconomic statement? C. General Motors' profits increased last year. D) Aggregate worker productively decreased by … C. The price of cell phones decreased by 18 percent last year. D) C) 1. Macro economics deals in the study of economics as a whole. A. C. In long run macroeconomic equilibrium, actual GDP is equal to potential GDP. C) The percentage of people producing goods in the United States has steadily increased over the last 60 years. Gross Domestic Product (GDP) is the total market value of all. Price stability is not a desirable goal in a market economy, because prices need to be flexible to reflect changes in supply and demand. A) The U.S. inflation rate was two percent in 2012. B. B. A country's standard of living and its … Wir und unsere Partner nutzen Cookies und ähnliche Technik, um Daten auf Ihrem Gerät zu speichern und/oder darauf zuzugreifen, für folgende Zwecke: um personalisierte Werbung und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr über die Zielgruppe zu erfahren sowie für die Entwicklung von Produkten. Which of the following is a macroeconomic statement? Start studying Macroeconomics Exam 2 Multiple Choice. Therefore, it does not deal in individual variables like X and Co , it is micro approach because micro deals with individual part of the society. The price of beef declined by 3 percent last year. C. General Motors' profits increased last year. C. Gross domestic product in Peru increased 4 percent from 2011 to 2012. c)The productivity of hospitality workers increased by 1% in 2016. B) The Federal Reserve lowered interest rates at their last meeting. Which of the following is a positive macroeconomic statement: a)The price of steel declined by 3% last year. Macroeconomic questions are those that affect the entire economy of a country and not just a part of it. B. U.S. inflation rate was two percent in 2012. CHAPTER 1 - The Measurement of Macroeconomic Performance TUTORIAL 1 Section A: Multiple Choice Questions 1. asked Jul 4, 2016 in Economics by RogerRabbit. Which one of the following statements is FALSE? Thanks to everybody for their help:) c) Global production per capita increased between 1960 and 2006. d) Economic development is normally accompanied by increasing labor productivity. Which of the following is NOT a macroeconomic statement? D. The productivity of steelworkers increased by 1 percent last year. C) Gross domestic product in Peru increased 4 percent from 2011 to 2012. Which of the following is not a macroeconomic statement? D. 18. Which of the following statements is FALSE regarding economic efficiency? b) Living standards growth may be achievable even in the absence of economic growth. price of cell phones decreased by 18 percent last year. Which of the following is a macroeconomic instrument of fiscal policy?