Macroeconomic Questions(100% Correct answers)
Which one of the following is a macroeconomic question? correct answers How much would the
unemployment rate fall if the economy grows by 4% this year?
Which one of the following is NOT a macroeconomic question? correct answers How much will
the California drought drive up the price of fresh vegetables?
Which one of the following is a macroeconomic question? correct answers Would an increase in
the minimum wage increase inflation?
Which one of the following is NOT a macroeconomic question? correct answers Would
legalization of marijuana nationwide result in a fall in the demand for cigarettes?
In deciding whether or not to place economic sanctions on another country because of
international political conflicts, what are the macroeconomic issues? correct answers There are
macroeconomic issues for both countries such as the effect on the overall level of economic
activity and unemployment.
The question "Do free trade agreements lead to faster economic growth?" is _____________.
correct answers a macroeconomic reasoned judgement question
The question "Did the Federal Reserve accurately predict the financial crisis of 2008?" is
______________. correct answers a macroeconomic reasoned judgement question
The question "How much of a premium would consumers be willing to pay for a solar-powered
car?" is _____________________. correct answers a MICROeconomic reasoned judgement
question
The Bureau of Economic Analysis calculates a number of different measures of inflation: the
GDP Deflator, the Consumer Price Index, the Wholesale Price Index, etc. Given that, the
question "According to the Bureau of Economic Analysis, what has been the average annual
level of inflation (as measured by the GDP Deflator) over the past 10 years?" is... correct
answers a macroeconomic factual question
The Bureau of Economic Analysis calculates a number of different measures of inflation: the
GDP Deflator, the Consumer Price Index, the Wholesale Price Index, etc. Given that, the
question "What is the best measure of the average annual level of inflation over the past 10
years?" is... correct answers a macroeconomic reasoned judgement question
The question "What has been the effect of deflation (that is, a general fall in prices) on the
income of the average Japanese worker?" is... correct answers a positive macroeconomic
question
The question "Who has been hurt the worst by the deflation that Japan has experienced in recent
years?" is _______________. correct answers a normative macroeconomic question
Which one of the following is a macroeconomic question? correct answers How much would the
unemployment rate fall if the economy grows by 4% this year?
Which one of the following is NOT a macroeconomic question? correct answers How much will
the California drought drive up the price of fresh vegetables?
Which one of the following is a macroeconomic question? correct answers Would an increase in
the minimum wage increase inflation?
Which one of the following is NOT a macroeconomic question? correct answers Would
legalization of marijuana nationwide result in a fall in the demand for cigarettes?
In deciding whether or not to place economic sanctions on another country because of
international political conflicts, what are the macroeconomic issues? correct answers There are
macroeconomic issues for both countries such as the effect on the overall level of economic
activity and unemployment.
The question "Do free trade agreements lead to faster economic growth?" is _____________.
correct answers a macroeconomic reasoned judgement question
The question "Did the Federal Reserve accurately predict the financial crisis of 2008?" is
______________. correct answers a macroeconomic reasoned judgement question
The question "How much of a premium would consumers be willing to pay for a solar-powered
car?" is _____________________. correct answers a MICROeconomic reasoned judgement
question
The Bureau of Economic Analysis calculates a number of different measures of inflation: the
GDP Deflator, the Consumer Price Index, the Wholesale Price Index, etc. Given that, the
question "According to the Bureau of Economic Analysis, what has been the average annual
level of inflation (as measured by the GDP Deflator) over the past 10 years?" is... correct
answers a macroeconomic factual question
The Bureau of Economic Analysis calculates a number of different measures of inflation: the
GDP Deflator, the Consumer Price Index, the Wholesale Price Index, etc. Given that, the
question "What is the best measure of the average annual level of inflation over the past 10
years?" is... correct answers a macroeconomic reasoned judgement question
The question "What has been the effect of deflation (that is, a general fall in prices) on the
income of the average Japanese worker?" is... correct answers a positive macroeconomic
question
The question "Who has been hurt the worst by the deflation that Japan has experienced in recent
years?" is _______________. correct answers a normative macroeconomic question
