Principles of Macroeconomics
PRINCIPLES OF MACROECONOMICS
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Which of the following is NOT a topic studied in Macroeconomics? 
A) the unemployment rate 
B) gross domestic product 
C) the price of Dell computers 
D) the inflation rate C) the price of Dell computers 
Government policymakers would like to have high ___________ and low _____________. 
A) unemployment and output growth; inflation 
B) output growth; unemployment and inflation 
C) output growth and inflation; unemployment 
D) inflation; unemployment and output growth B) output growth; unemploym...
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Principles of Macroeconomics TOP Study Guide Exam Questions and CORRECT Answers
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An economist notices that sunspot activity is high just prior to recessions and concludes that 
sunspots cause recessions. The economist has confused association with and causation. 
Which of the following is a statement of normative economics? The minimum wage is 
good because it raises wages for the working poor. 
Scarcity exists in all countries in the world. 
Which of the following would eliminate scarcity as an economic problem? None of 
these because scarcity cannot be eliminated. 
Micr...
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Principles of Macroeconomics Questions and Answers
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Principles of Macroeconomics Exam Test Question and Answers
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Principles of Macroeconomics final Exam
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Principles of Macroeconomics Questions and Answers
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