Which of the Following Is Not a Question That Macroeconomists

question 404

Multiple Choice

Which of the following is not a question that macroeconomists address?

• A)Why is average income high in some countries while it is low in others?
• B)Why does the price of oil rise when war erupts in the Middle East?
• C)Why do production and employment expand in some years and contract in others?
• D)Why do prices rise rapidly in some periods of time while they are more stable in other periods?

---

Definitions:

Preoperational Thought

A stage in Piaget's theory of cognitive development where children (ages 2-7) begin to engage in symbolic play and struggle with logic and understanding others' perspectives.

Intuitive Reasoning

The process of making decisions on the basis of what feels right or what is instinctively believed to be true without logical reasoning.

Symbolic Thought

The ability to use symbols, like words or images, to represent objects, actions, or ideas not physically present.

Concrete-Operational

A stage in Piaget's theory of cognitive development, typically occurring between ages 7 and 11, where children start thinking logically about concrete events.