Macroeconomists Are Concerned with

question 153

Multiple Choice

Macroeconomists are concerned with

• A)most questions about individual markets than the overall economy.
• B)the causes of unemployment than with the personalities of individual workers.
• C)the details of resource allocation and individual market prices than the size of national output.
• D)the price of particular products than the overall price level.

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Definitions:

Certificate

An official document attesting to a certain fact, such as the completion of an educational course or the ownership of a financial security.

Net Profits

The sum left over once all costs, taxes, and expenses have been deducted from the total income.

Partnership Status

The legal standing of a business entity comprising two or more individuals who share management and profits.