If fewer families purchase health insurance because of rising health insurance premiums, then health insurance premiums are likely to rise further due to:

Macroeconomic equilibrium is best described as a situation in which: a. the slope of the aggregate demand curve equals the slope of the aggregate supply curve. b. quantity demanded exceeds quantity supplied

c. quantity demanded equals quantity supplied at a unique price level. d. quantity supplied exceeds quantity demanded at a unique price level. e. quantity supplied equals quantity demanded at a unique price level.

Macroeconomists pay little attention to the composition of aggregate output

a. True b. False Indicate whether the statement is true or false