Which of the Following Would Be Considered an Example of a Macroeconomic

question 42

Multiple Choice

Which of the following would be considered an example of a macroeconomic problem?

• A)Should Microsoft reduce the price of its Windows operating system?
• B)Should the federal government extend the eligibility period for unemployment benefits?
• C)Should Mitsubishi eliminate one of its production shifts?
• D)Should JP Morgan Chase increase the interest rate it charges its credit card customers?

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Definitions:

Interest Receivable

The amount of interest that has been earned but not yet received in cash or other forms of payment.

Interest Revenue

Income earned from lending money or investing in interest-bearing financial instruments.

Accrued Interest

Interest that has been earned but not yet received or recorded in the accounts.

Interest Payable

A liability account showing the amount of interest expense that has been incurred but not yet paid as of the balance sheet date.