Which of the following would not be studied in macroeconomics?
A. How a sharp increase in gasoline prices is likely to affect SUV sales.
B. The causes of the Great Depression.
C. The growth rate of the US economy.
D. The impact of government spending on the economy.
Answer: A
Economics
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It has been argued that tied aid leads to inefficiencies in the recipient country's economy. Explain how this could occur
What will be an ideal response?
Economics
When economists refer to the role of money as a unit of account, they mean that
A) most accounting systems reflect that goods are purchased with currency. B) most accounting systems reflect that goods are purchased with checks. C) money gives traders a way of measuring value in the economy. D) money makes it possible for specialization to take place.
Economics