Macroeconomists are distinguished from microeconomists because macroeconomists are more interested in
a. inflation and unemployment than in individual markets.
b. large corporations rather than small businesses.
c. inflation in the United States rather than inflation in Costa Rica.
d. the demand for oil rather than the demand for corn.
a
You might also like to view...
A tariff is a tax
A) on an exported good. B) on an imported good. C) imposed on all traded goods. D) imposed on people's income. E) imposed on the difference between the value of the goods a firm imports and the value of the goods it exports.
Business investment is most similar to what form of consumer expenditures and why?
A) consumer nondurables since they are "used up" in producing consumer welfare B) consumer durables since they accelerate consume welfare C) consumer durables since they may be treated as a form of household saving D) Both A and B are correct.