Which of the following would be studied by a macroeconomist rather than a microeconomist?
A. shipping rates
B. price of corporate stock
C. market price of Japanese cars
D. unemployment rate in the nation
Answer: D
Economics
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If both Ben and Catherine value good X more than good Y, a firm can increase profits by bundling the two products
Indicate whether the statement is true or false
Economics
Assume that Country X and Country Y are trading partners and the exchange rates are fixed. If prices in Country Y fall, which of the following is expected to happen?
a. Country X will export more. b. Economy of Country X will be depressed. c. Net exports will rise for Country X. d. Country Y will import more.
Economics