Question
Which one of the following topics does macroeconomics study? A) effects of government safety regulations on the price of cars B) effects of taxes on
Which one of the following topics does macroeconomics study? A) effects of government safety regulations on the price of cars B) effects of taxes on the price of gasoline C) decisions of individual firms D) prices of individual goods and services E) the performance of the global economy
When a farmer decides to harvest tomatoes using machines instead of migrant workers, the farmer is answering the ________ question. A) "what" B) "when" C) "who" D) "where" E) "how"
The depletion of fish stocks in Eastern Canada, with its accompanying unemployment, will lead to a
A) shift inward of the existing production possibilities frontier plus a movement to a point inside the new production possibilities frontier. B) shift outward of the existing production possibilities frontier. C) movement from the existing production possibilities frontier to a point inside the production possibilities frontier. D) shift inward of the existing production possibilities frontier and production at a point on the new PPF. E) movement along the existing production possibilities frontier to a point of less fish production
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