Question

32. Which topic among the following would be more likely studied in macroeconomics? a. Unemployment rate movements during the 1990s. b. The effect of cost on a firm's production. c. A consumer's optimal choice whey buying a flat screen TV d. The effect of a technology upgrade on the quantity of iphones sold. 33. A(n) in the number of discouraged workers tends to take place during a period of economic expansion. This may temporarily lead to a(n) unemployment.. in the rate of b. decrease; increase c. increase; decrease d. increase; increase

Answer 1

32.

Macroeconomists study the aggregate economy and the factors that influence it like GDP, employment, shocks and fluctuations, etc. Microeconomists on the other hand deal with individual choice making and factors influencing it.

Hence correct Ans - a

33.

A discouraged worker is referred as a person of legal employment age who is either not actively seeking employment or who does not find employment after being unemployed for a long time.

During economic expansion, jobs would grow and thus number of discouraged workers would decrease. This may lead to temporary decrease in unemployment.

Hence correct ans - a

Answer 2

ANSWER :

32.. Option a : Unemployment rate movement during 1990s.

[ Unemployment rate is a matter of concern for national economy I.e. macro level. ]

33. Option a : decrease ; decrease 

[ Decrease of discouraged workers means increase in employment rate and decrease in 

unemployment rate. ]