which of the following is a macroeconomics question a how is the production quantity of snowboards...
which of the following is a macroeconomics question a how is the production quantity of snowboards determined b what factors determine the price of electronic cigarettes c what determines the growth rate of gross domestic product d. what determines the salaries of Wall Street executives
Homework Answers
C) what determines the growth rate of gross domestic product
(A macroeconomics question is a national level question like growth rate of GDP. All other questions are company/product specific, so they are microeconomics question.)
Add Answer to:
which of the following is a macroeconomics question a how is the
production quantity of snowboards...
18) Which of the following is a macroeconomics question? A) What determines the unemployment rate? B)...
18) Which of the following is a macroeconomics question? A) What determines the unemployment rate? B) How is the production quantity of digital cameras determined? C) What factors determine the price of iPhones? D) What determines the wages and benefits of flight attendants? 19) Which of the following is a microeconomics question? A) When will the government better secure the borders? B) Why hasn't the federal government raised the minimum wage? C) How does Fiat decide on the price of...
Which of the following is a microeconomics question? A. How much will be saved and how...
Which of the following is a microeconomics question? A. How much will be saved and how much will be produced in the entire economy? B. What will the level of economic growth be in the entire economy? C. What factors determine the price of carrots? D. What determines the average price level and inflation?
This Question: 1 pt 14 of 50 Macroeconomics is best defined by which of the following...
This Question: 1 pt 14 of 50 Macroeconomics is best defined by which of the following statements? O A. Macroeconomics is the study of how the prices of individual goods are determined. O B. Macroeconomics is the study of how firms attempt to maximize profits O C. Macroeconomics is the study of the behavior of the economy as a whole O D. Macroeconomics is the study of individual households.
. Macroeconomics includes the study of a. individual markets. b. the behavior of the firm. c....
. Macroeconomics includes the study of a. individual markets. b. the behavior of the firm. c. the behavior of the consumer. d. e. changes in national income. changes in commodity prices. REF: How Is Macroeconomics Different from Microeconomics? 2. Which of the following is a topic of microeconomics? a. the level of national income b. the level of employment in the country c. the prices of all goods in the country d. the profit of firms in the banking industry...
A decrease in the import tariff will result in Question options: an increase in imports but...
A decrease in the import tariff will result in Question options: an increase in imports but a decrease in domestic production. a decrease in price and a decrease in quantity purchased. a decrease in imports but an increase in domestic production. an increase in price but a decrease in quantity purchased. Which of the following is NOT a rationale for tariffs? Question options: They improve the terms of trade for small and large nations. They promote a level playing field...
Consider the following data that gives the quantity produced and unit price for three different goods...
Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. Good 2012 Price2012 Quantity 2013 Price 2013 Quantity $2.00 $4.00 $2.00 500 1,000 200 $2.50 $5.00 $1.00 600 900 300 What was the growth rate of real gross domestic product (GDP) between the two years? a) 1.67 percent b) o percent c) 3.2 percent d) 2.4 percent e)...
MULTIPLE CHOICE (50 Marks – 1 Mark each) 1. Macroeconomics seeks to understand a. economic growth,...
MULTIPLE CHOICE (50 Marks – 1 Mark each) 1. Macroeconomics seeks to understand a. economic growth, inflation and business cycles. b. product demand, product cost and profit maximization, c. economic growth, the banking sector and individual markets. d. industry sales, marketing strategies and corporate growth. e. the effects of government spending, taxation and corporate growth. A country's real Gross Domestic Product (GDP) measures the a. dollar income earned by the nation's producing sector. b. market value of final goods and...
Question 23 (1 point) Consider the following data that gives the quantity produced and unit price...
Question 23 (1 point) Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. 2012 Price $2.00 $4.00 $2.00 2012 Quantity 2013 Price $2.50 $5.00 $1.00 2013 Quantity 600 900 300 Good 500 1,000 200 C What was the real gross domestic product (GDP) in 2013? a) $5,400 b) $6,300 Oc) $6,450 d) $1,700 e) $13,600
Macroeconomics d. Did the increase in production costs cause a "decrease in supply" or a "decrease...
Macroeconomics
d. Did the increase in production costs cause a "decrease in supply" or a "decrease in quantity supplied"? 3. Refer to the following expanded table from review question 8. LO3.4 a. What is the equilibrium price? At what price is there neither a shortage nor a surplus? Fill in the surplus-shortage column and use it to confirm your answers. b. Graph the demand for wheat and the supply of wheat. Be sure to label the axes of your graph...
Question 19 O Mark this question Which of the following would a student of macroeconomics NOT...
Question 19 O Mark this question Which of the following would a student of macroeconomics NOT study? O How the price of apples affects the market for oranges O How governments can act to alleviate a recession O Changes in the overall price level in an economy over time O The percentage of a nation's labor force that is employed
This Question: 1 pt 14 of 50 Macroeconomics is best defined by which of the following statements? O A. Macroeconomics is the study of how the prices of individual goods are determined. O B. Macroeconomics is the study of how firms attempt to maximize profits O C. Macroeconomics is the study of the behavior of the economy as a whole O D. Macroeconomics is the study of individual households.
. Macroeconomics includes the study of a. individual markets. b. the behavior of the firm. c. the behavior of the consumer. d. e. changes in national income. changes in commodity prices. REF: How Is Macroeconomics Different from Microeconomics? 2. Which of the following is a topic of microeconomics? a. the level of national income b. the level of employment in the country c. the prices of all goods in the country d. the profit of firms in the banking industry...
Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. Good 2012 Price2012 Quantity 2013 Price 2013 Quantity $2.00 $4.00 $2.00 500 1,000 200 $2.50 $5.00 $1.00 600 900 300 What was the growth rate of real gross domestic product (GDP) between the two years? a) 1.67 percent b) o percent c) 3.2 percent d) 2.4 percent e)...
MULTIPLE CHOICE (50 Marks – 1 Mark each) 1. Macroeconomics seeks to understand a. economic growth, inflation and business cycles. b. product demand, product cost and profit maximization, c. economic growth, the banking sector and individual markets. d. industry sales, marketing strategies and corporate growth. e. the effects of government spending, taxation and corporate growth. A country's real Gross Domestic Product (GDP) measures the a. dollar income earned by the nation's producing sector. b. market value of final goods and...
Question 23 (1 point) Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. 2012 Price $2.00 $4.00 $2.00 2012 Quantity 2013 Price $2.50 $5.00 $1.00 2013 Quantity 600 900 300 Good 500 1,000 200 C What was the real gross domestic product (GDP) in 2013? a) $5,400 b) $6,300 Oc) $6,450 d) $1,700 e) $13,600
Macroeconomics
d. Did the increase in production costs cause a "decrease in supply" or a "decrease in quantity supplied"? 3. Refer to the following expanded table from review question 8. LO3.4 a. What is the equilibrium price? At what price is there neither a shortage nor a surplus? Fill in the surplus-shortage column and use it to confirm your answers. b. Graph the demand for wheat and the supply of wheat. Be sure to label the axes of your graph...
Question 19 O Mark this question Which of the following would a student of macroeconomics NOT study? O How the price of apples affects the market for oranges O How governments can act to alleviate a recession O Changes in the overall price level in an economy over time O The percentage of a nation's labor force that is employed
Most questions answered within 3 hours.
-
For a particular RLC series circuit, the capacitive reactance is
6.85 Ω, the inductive reactance is...
asked 1 minute ago -
In an aqueous mixture of aluminum, lead, and iron salts, which
of these will be reduced...
asked 2 minutes ago -
It is hypothesized that when homing pigeons are disoriented in a
certain manner, they will exhibit...
asked 16 minutes ago -
Copyright protection legislation provides protection for
original works
Select one:
a. until the author is 70...
asked 8 minutes ago -
The boards of 2 major telecommunications companies
recently agreed to a $16 billion merger that would...
asked 7 minutes ago -
What types of evidence are used to reconstruct the history of
ocean chemistry, including changes in...
asked 22 minutes ago -
Describe the steps in Project Planning and Scheduling
WBS
Network Diagram
Developing the Schedule
Preparing the...
asked 17 minutes ago -
Assume you are now 21 years old and
will start working as soon as you graduate...
asked 31 minutes ago -
In c++
What does operator overloading allow us to do
?
Why must the << and...
asked 31 minutes ago -
First, a constant force will NOT cause an object to accelerate
faster and faster; it will...
asked 35 minutes ago -
A 4.75 kg crate is suspended from the end of a short vertical
rope of negligible...
asked 45 minutes ago -
develop an automated invoice generator that helps a shop owner
to design their invoice. Problem 1...
asked 53 minutes ago