Macroeconomics includes the study of
A) economic growth, the unemployment rate, and inflation.
B) product demand, product supply, and profit maximization.
C) industry sales, corporate growth, and home prices.
D) decisions made by individuals, businesses, and governments.
A
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A change in the money wage rate shifts
A) both the SAS and LAS curves. B) the LAS curve but not the SAS curve. C) the SAS curve but not the LAS curve. D) neither the SAS nor the LAS curve.
Other things equal, if the government increased the quantity of pollution rights to be sold,
a. pollution would not be affected b. the price of pollution rights would rise, and the amount of pollution would decrease c. the price of pollution rights would fall, and the amount of pollution would decrease d. the price of pollution rights would fall, and the amount of pollution would increase e. the price of pollution rights would rise, and the amount of pollution would increase