A Macroeconomist - as Opposed to a Microeconomist - Would

question 191

Multiple Choice

A macroeconomist - as opposed to a microeconomist - would study

• A)the effects of rent control on housing in New York City.
• B)the effects of foreign competition on the US auto industry.
• C)the effects of borrowing by the federal government.
• D)the effects of raising the gasoline tax on transit ridership.

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Definitions:

Scientists' Reservations

Concerns or doubts expressed by scientists regarding the implications, ethics, or viability of certain research findings or technologies.

Weapon Of Peace

A paradoxical term that may refer to strategies or tools used non-violently to promote peace or to the notion of maintaining peace through deterrence and military readiness.

Harry S Truman

The 33rd President of the United States, serving from 1945 to 1953, known for his leadership during the final stages of World War II and the early years of the Cold War.

Franklin Roosevelt

The 32nd President of the United States who led the country during the Great Depression and most of World War II, known for his New Deal domestic policies.