Which Question Is an Example of a Macroeconomic Question

question 101

Multiple Choice

Which question is an example of a macroeconomic question?

• A) What is the level of industrial concentration in the U.S. automobile industry?
• B) What economic incentives can be used to reduce the cost of health care in the nation?
• C) What policies would be recommended for stimulating national economic growth?
• D) What market conditions are expected for milk in the nation this year?

---

Definitions:

Prudent Person Rule

A legal principle requiring that a person in charge of others' assets manage those assets with the care, diligence, and judgment that a prudent person would under similar circumstances.

Uniform Principal and Income Act

A statutory framework adopted by some states to standardize how income and principal from trusts and estates are allocated.

Extraordinary Medical Treatment

Exceptional or unusual healthcare interventions used in critical or life-threatening situations.

Testamentary Capacity

The legal and mental ability of a person to make or alter a valid will, often requiring understanding of the nature of the will, one's assets, and the identity of beneficiaries.