Which of the Following Economic Decisions Would Most Likely Be

question 120

Multiple Choice

Which of the following economic decisions would most likely be studied by a macroeconomist?

• A) Domino's Pizza decides to provide quantity discounts in order to increase revenue.
• B) A local entrepreneur decides to open a Waffle House in the local Walmart parking lot.
• C) The government of Estonia implements a flat rate personal income tax for all citizens.
• D) Prices for train fares rise as labor unions negotiate higher wage rates.

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Definitions:

Major Depression

A mental disorder characterized by a persistent and severe low mood that affects a person's thoughts, behavior, feelings, and sense of well-being.

Generalized Anxiety Disorder

A chronic disorder characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.

Narcissistic Disorder

A mental condition characterized by a long-term pattern of exaggerated self-importance, the need for excessive attention and admiration, and a lack of empathy for others.

Borderline Personality Disorder

A disorder characterized by extreme negative emotionality and an inability to regulate emotions; it often results in intense but unstable relationships, impulsiveness, self-mutilating behavior, feelings of emptiness, and a fear of abandonment by others.