Which of the Following Topics Is Best Categorized as a Macroeconomic

question 41

Multiple Choice

Which of the following topics is best categorized as a macroeconomic issue?

• A) The choices a student makes in selecting college courses
• B) The decision by Apple to produce fewer Macintosh computers
• C) The effect of a drought on the price of corn
• D) The effect of an increase in federal spending on the unemployment rate

---

Definitions:

Annual Percentage Rate

The yearly interest percentage rate that expresses the total cost of borrowing, including fees and charges.

Compounded

The process by which an investment grows over time as earnings are reinvested to generate additional earnings, known as compound interest.

Interest Payment

The amount paid by a borrower to a lender as compensation for the use of borrowed money, often expressed as a percentage of the principal.

Interest Rate

The lending charge, expressed as a fraction of the original amount, that a borrower is assessed by a lender for asset use.