Each of the Following Would Be Considered a Macroeconomic Topic

question 59

Multiple Choice

Each of the following would be considered a macroeconomic topic except

• A)the reasons for a decrease in the unemployment rate.
• B)the cause of recessions.
• C)the effect of the government budget deficit on inflation.
• D)the determination of aggregate income.
• E)the selection of production techniques.

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Definitions:

Scatterplot

Graphical display of paired scores on two variables measured at the interval or ratio level of measurement.

Variables

Attributes, characteristics, or conditions that can change or vary within or across subjects in a study.

Prediction

An educated guess about future events based on current knowledge, data, or trends.

Predictor Variables

Variables that are used in statistical models to predict or explain variations in another variable, often the dependent variable.