Which of the Following Is a Positive Macroeconomics Statement

question 80

Multiple Choice

Which of the following is a positive macroeconomics statement?

• A) The central bank should increase the nation's money supply.
• B) The increase in the nation's money supply helped push the nation's unemployment rate down in the short run.
• C) Ford Motor Company's new advertising campaign ended up hurting General Motors' sales.
• D) The local government ought to spend more on recreational facilities.

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Definitions:

Habsburg Lands

The Habsburg Lands refer to the territories ruled by the Habsburg dynasty, including parts of modern-day Austria, Hungary, and others, known for their complex multi-ethnic composition and significant role in European history.

Neo-absolutism

Neo-absolutism, also known as neo-absolutist, refers to the 19th-century political trend in certain European monarchies to reinforce absolute monarchy powers amidst modernizing reforms.

Liberals and Nationalists

Advocates for liberal policies favoring freedom, democracy, and equality, and nationalists who emphasize strong national identity and sovereignty, often working together in 19th-century European movements for independence and reform.

Multi-ethnic

Describes a society or group that contains members from diverse ethnic backgrounds.