Question

Identify for each topic whether it would be studied by a macroeconomist or a microeconomist: a....

Identify for each topic whether it would be studied by a macroeconomist or a microeconomist:

a. The worldwide operations of General Motors.

  • A macroeconomist

  • A microeconomist

  • Both a microeconomist and macroeconomist

  • Neither a microeconomist nor a macroeconomist


b. The effect of government subsidies on sugar prices.

  • A macroeconomist

  • A microeconomist

  • Both a microeconomist and macroeconomist

  • Neither a microeconomist nor a macroeconomist


c. Factors affecting average wages in the U.S. economy.

  • A macroeconomist

  • A microeconomist

  • Both a microeconomist and macroeconomist

  • Neither a microeconomist nor a macroeconomist

d. Inflation in developing countries.

  • A macroeconomist

  • A microeconomist

  • Both a microeconomist and macroeconomist

  • Neither a microeconomist nor a macroeconomist


e. The effects of tax cuts on consumer spending.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. The aggregate demand would shift to the right if: a. the money supply increases. b....
1. The aggregate demand would shift to the right if: a. the money supply increases. b. the Cambridge “k” increases. c. an increase in government spending is 100% offset by a decrease in consumer spending. d. foreign sector spending falls. e. All of the above. 2. The short run aggregate supply is viewed as upward sloping: a. showing that higher prices will lead to higher production. b. because it takes a while for wages to rise when prices rise. c....
Wage Gains Threaten to Squeeze Retail, Industrial Profits - Higher labor costs pose risk to some...
Wage Gains Threaten to Squeeze Retail, Industrial Profits - Higher labor costs pose risk to some U.S. companies already facing trade-related tensions, limited pricing power Summary: The U.S. job market and its low unemployment rate are forcing companies to rise the wages of its employees and potential employees. According to the U.S. department of labor, wages are up about 2.7% from a year ago. The growth in hourly wages holds both good news (for workers) and bad news (for shareholders)....
Chapter 30 Money Growth and Inflation 1. Over the past 70 years, prices in the U.S....
Chapter 30 Money Growth and Inflation 1. Over the past 70 years, prices in the U.S. have risen on average about a. 2 percent per year. b. 4 percent per year. c. 6 percent per year. d. 8 percent per year. 2. Over the past 70 years, the overall price level in the U.S. has experienced a(n) a. 4-fold increase. b. 8-fold increase. c. 12-fold increase. d. 16-fold increase. 4. Inflation can be measured by the a. change in the...
answer the following questions Q21.When the economy experiences an expansion, it is most likely the case...
answer the following questions Q21.When the economy experiences an expansion, it is most likely the case that------------------------------- GDP is increasing, unemployment is increasing, and inflation is decreasing. GDP is increasing, unemployment is decreasing, and inflation is increasing. GDP is decreasing, unemployment is decreasing, and inflation is increasing. GDP is decreasing, unemployment is decreasing, and inflation is decreasing. Q22. GDP is an important economic measurement because it provides valuable data on unemployment rates measures the combined total of all intermediate and...
Select TRUE/FALSE or SELECT A,B,C,D 23. (T/F) When the quality of a good improves while its...
Select TRUE/FALSE or SELECT A,B,C,D 23. (T/F) When the quality of a good improves while its price remains the same, the purchasing power value of money increases, but the government understates this change in the cost of living if the quality improvement is not taken into account in formulating the consumer price index. 24. who of the following would be included in the bureau of labor statistics monthly count of the "unemployed" (A, Miguel who is on temporary layoff) (B,...
Question: summarize what you have read and how you believe (based on what we've studied so...
Question: summarize what you have read and how you believe (based on what we've studied so far) that topic should be approached from a law and policy perspective. Introduction The U.S.-Cuba relationship has been plagued by distrust and antagonism since 1959, the year Fidel Castro overthrew a U.S.-backed regime in Havana and established a socialist state allied with the Soviet Union. During the half century that followed, successive U.S. administrations pursued policies intended to isolate the island country economically and...
Chapter 5 Import Protection Policy: Import Tariffs I. Chapter Overview 1. Types of import tariffs in...
Chapter 5 Import Protection Policy: Import Tariffs I. Chapter Overview 1. Types of import tariffs in terms of the means of collection in terms of the different tariff rates applied in terms of special purposes for collection 2. The effects of import tariffs concepts of consumers surplus and producers surplus the welfare effects of import tariffs 3. Measurement of import tariffs the "height" of import tariffs nominal versus effective tariff rates II. Chapter Summary 1. The means of collecting import...
Argentina and Ecuador: Understanding the Currency Crisis While fiscal policy is never far from the mind...
Argentina and Ecuador: Understanding the Currency Crisis While fiscal policy is never far from the mind of your average Argentine, who remembers the tough times and hyperinflation of the 1980s, the events of 2001 and 2002 have brought fiscal policy back to the forefront of public concern. Though the early 1990s may have been characterized by financial optimism, Argentina has been in a recession since Brazil's 1998 monetary crisis sent shockwaves across the regional and global markets. In early 2002,...
1. Which is the most accurate definition of the study of economics? [1] Distributing surplus goods...
1. Which is the most accurate definition of the study of economics? [1] Distributing surplus goods to those in need. [2] Dealing with affluence in a morally bankrupt world. [3] Using scarce resources to satisfy unlimited human wants. [4] Reducing human wants to eliminate the problem of scarcity. 2. Computer software represents [1] labour. [2] land. [3] capital. [4] entrepreneurship. 3. Suppose you have graduated with a degree in accounting and are offered a job with an accounting firm. But...
  Canadian Whisky: Capitalizing on World Recognition A Thirst for More Rick Clemens opened an independent whisky...
  Canadian Whisky: Capitalizing on World Recognition A Thirst for More Rick Clemens opened an independent whisky distillery 15 years ago in a small town in British Columbia, Canada. Since that day, his business has slowly grown, gaining first a local, then regional and finally national following. It has since grown from a two-person operation to a thriving business with an in-house team of six and the contracted services of an off-site bottler and distributor. After many years of operating at...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT