11. Two markets in a simple circular flow of macroeconomics? A. Households and firms

B. Products and resources

C. Capital goods and consumer goods

D. all of the above

12. These are all conventional macroeconomics objectives except......... A. full employment

B. price stability

C. extremely high economic growth

D. equitable distribution of income

13. Macroeconomics theory studies the following except how ... A. to determine international trade activities

B. to determine equilibrium income in an economy

C. to determine the unemployment and inflation

D. to determine the type and quantity of goods to produce.

14. Government policies regarding taxes and expenditure are called ......... A. fiscal policies

B. growth policies

C. monetary policies

D. supply side policies.