The primary emphasis in macroeconomics is on:
A) how firms set prices.
B) aggregates in the economy.
C) marginal analysis and normative economics.
D) international trade and environmental economics.
Ans: B) aggregates in the economy.
Economics
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Which of the following does NOT shift the short-run aggregate supply curve?
A) a change in the money wage rate B) technological progress C) a reduction in the price of a raw material D) a change in the price level
Economics
The natural rate of unemployment consists of frictional unemployment plus structural unemployment
Indicate whether the statement is true or false
Economics