A. the behavior of the electronics industry
B. the behavior of firms
C. economics aggregates
D. the activities of individual units
Related Mcqs:
- Macroeconomics is the branch of economics that deals with ?
A. imperfectly competitive markets:
B. Only the long run adjustments to equilibrium in the economy
C. The functioning of individual industries and the behavior of individual decision-making units business firms and households
D. the economy as a whole - Macroeconomics is the study of ?
A. individual building blocks in the economy
B. the relationship between different sectors on the economy
C. household purchase decisions
D. the economy as a whole - The key issues of macroeconomics are ?
A. unemployment
B. inflation
C. economic growth
D. All of the above - The regarding the new classical macroeconomics is hoe realistic is the assumption ?
A. that monetary policy affects aggregates demand
B. that markets do not clear quickly
C. that fiscal policy affects aggregate demand
D. of rational expectations. - In macroeconomics, equilibrium is defined as that point at which ?
A. aggregate output equals consumption minus investment
B. saving equals consumption
C. Planned aggregate expenditure equals aggregate output
D. planned aggregate expenditure equals consumption - Which of the following statements about microeconomics and macroeconomics is not true ?
A. The study of very large industries is a topic within macroeconomics
B. Macroeconomics is concerned with economy-wide phenomena
C. Microeconomics is a building block for macroeconomics
D. Microeconomics and macroeconomics cannot be entirely separated - The classical model of macroeconomics assumes ?
A. wages and prices are sticky
B. wages and prices are flexible
C. the economy may operate below full capacity
D. the economy is always at full capacity
E. A and C
F. B and D - The branch of economics ‘Microeconomics’ deals with______________?
A. small units, including individual companies and small group of consumers
B. Economics of homes
C. Economics of stock market
D. Economics of provinces - Psychology deals with_________________?
A. only violent behavior
B. only normal behavior
C. mental states of individual humans
D. groups of people in interaction
E. None of these - The sacrifice involved when you choose a particular course of action is called the?
A. Alternative
B. Opportunity cost
C. Consumer cost
D. Producer cost
