Key macroeconomic variables include interest rates, which are a reflection of the risk of borrowing (not unlike the emotional price you might pay when borrowing cash from a family member). Damit Verizon Media und unsere Partner Ihre personenbezogenen Daten verarbeiten können, wählen Sie bitte 'Ich stimme zu.' C. In long run macroeconomic equilibrium, actual GDP is equal to potential GDP. c) Global production per capita increased between 1960 and 2006. d) Economic development is normally accompanied by increasing labor productivity. Answer A) The unemployment rate for the United States rose to 5 percent in the last quarter. Unemployment was 6.8 percent of the labor force last year. However, if money inflation is 5% then the change in real GDP is somewhat less than that. Aggregate worker productivity decreased by 3 percent in 2012. Which of the following is NOT a macroeconomic statement? Aggregate worker productivity decreased by 3 percent in 2012. A. & D. The U. Which of the following is NOT a macroeconomic statement? 1) 2)The most fundamental economic problem is A)security. 10. The U.S. inflation rate was two percent in 2016. The price of steel declined by 3% last year. A. The gross profits of all U.S. businesses were $182 billion last year. Which of the following is a macroeconomic statement? Aggregate worker productivity decreased by three percent in 2016. If all the households and businesses in the economy start saving more during economic hard times, that results in a fall in aggregate income hurting everyone in the economy. Which of the following is not a macroeconomic statement? MULTIPLE CHOICE. Which of the following is a macroeconomic statement? A. c. The productivity of hospitality workers increased by 1% in 2016. d. The gross profit of … Which of the following statements is correct with respect to economic incentives to release financial information? B. Macroeconomics is not concerned with limited means. A. The reasons for the rise in average prices C. Whether the army should buy more tanks or more rockets asked Jul 4, 2016 in Economics by RogerRabbit. Which of the following is not a macroeconomic statement? B. 1. Identify the macroeconomic issue among the following statements. 2012. b. Public Economics 3D The public sector and the economy Tutorial worksheet 11 1. A) The U.S. inflation rate was two percent in 2012. O A. Answer A) The unemployment rate for the United States rose to 5 percent in the last quarter. Yahoo ist Teil von Verizon Media. A) The United States produces more goods than services. a. Input prices determine how … Which of the following is a positive macroeconomic statement: a)The price of steel declined by 3% last year. Income tax determines how households expenditure changes. a. Indicate which of the following statements represent positive analysis (analysis concerned with what is) and which represent normative analysis (analysis concerned with what ought to be). of the following is NOT a macroeconomic statement? Which of the following is not a macroeconomic statement? b. The government should reduce the tax burden to help small business. C) Congress increased the minimum wage rate in January. 1)An incentive A)is the opposite of a tradeoff. Terms a. Macro economics deals in the study of a nation's aggregate demand, aggregate supply, national income, employment, inflation etc. a. C. General Motors' profits increased last year. a. D) Aggregate worker productively decreased by … Directions : statement I and statement II. According to the World Commission on Environment and Development, sustainable development encompasses the assurance that changes “meets the needs of the present without compromising the ability of future generations to meet their own needs” (Brundtland (1987, p.8). C. Gross domestic product in Peru increased 4 percent from 2011 to 2012. You are to examine these two statements carefully and select the answers to these items using the code given below : Code : Statement I : India supports the development and use of the Chabahar Port in Iran. In long run macroeconomic equilibrium, actual GDP is above potential GDP. The price of cell phones decreased by 18 percent last year. a. The price of steel declined by 3% last year. Which of the following is a true statement about self-interest as used in the study of economics? B)could be a reward but could not be a penalty. Economic growth in South Africa. Start studying Macroeconomics Exam 2 Multiple Choice. Which of the following is NOT a macroeconomic statement? b. Total spending in the economy consists of consumption spending by households plus investment spending by firms plus government spending plus net spending by the … price of cell phones decreased by 18 percent last year. The excise tax rate on tobacco products c. A government subsidy on white bread d. The primary budget balance e. All of the above options are correct. Daten über Ihr Gerät und Ihre Internetverbindung, darunter Ihre IP-Adresse, Such- und Browsingaktivität bei Ihrer Nutzung der Websites und Apps von Verizon Media. 2012. Expanding demand to reduce unemployment may mean that the balance of payments worsensD . Aggregate worker productively decreased by 3 percent in The government should reduce the tax burden to help small business. Dazu gehört der Widerspruch gegen die Verarbeitung Ihrer Daten durch Partner für deren berechtigte Interessen. D. The U.S. inflation rate was two percent in 2012. A. A. D. c)The productivity of hospitality workers increased by 1% in 2016. A country's standard of living and its … Which of the following is a macroeconomic instrument of fiscal policy? Which of the following statements about macroeconomic equilibrium is the most accurate? The most efficient outcome is the one with the greatest economic surplus. Gross domestic product in Peru increased 4 percent from 2011 to C. Gross domestic product in Peru increased 4 percent from 2011 to 2012. Therefore, it does not deal in individual variables like X and Co , it is micro approach because micro deals with individual part of the society. b)The government should reduce the tax burden to help small business. D. A.issues relating to the balance of payment B.the determination of prices in the agricultural sector C.the relationship between in inflation and unemployement D.the possible effect of budget deficit increases on level of investment Which of the following is a macroeconomic statement? A. a. Which of the following is NOT a macroeconomic statement - 00246077 Tutorials for Question of Economics and General Economics C. Efficient outcomes will not make everyone happy. b. B) The United States produces more services than goods. C) Gross domestic product in Peru increased 4 percent from 2011 to 2012. B) The Federal Reserve lowered interest rates at their last meeting. Deflation can worsen a recession by giving people an incentive to hold cash rather than to make productive investments. Productively decreased by 18 percent last year social development as successfulC should president... People an incentive a ) the U.S. inflation rate was two percent in 2012 c. Gross domestic in. Profits of all the real domestic output increased by 2.5 percent last.! C. in long run macroeconomic equilibrium is the one alternative that best completes the statement or answers the question '... 11 1 she decided to work more hours decide whom to hire and what to buy their... 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