1) Which of the following is a topic of macroeconomic?

a)production in the automobile industry

b)the number of accountants who are unemployed

c)the market price of corn

d)the overall price level in the economy

e)the distribution of a persons income between spending and saving

2)From 1970 to 2018, real Per Capita gross domestic product (GDP) in the United States increased by an average of--- per year.

a)6.2%

b)1.8%

c)4.1%

d)2.7%

e)5.5%

3) The business cycle measures

a)fluctuation in the average tax rate paid by business

b)fluctuation in the long run trend growth rate of gross domestic product

c)fluctuation in the profit of business

d)fluctuation in consumption

e)short run fluctuation in economic activity