Which of the Following Questions Is More Likely to Be

question 128

Multiple Choice

Which of the following questions is more likely to be studied by a macroeconomist than a microeconomist?

• A)Why do prices in general rise by more in some countries than others?
• B)Why do wages differ across industries?
• C)Does education increase a worker's income on average?
• D)Is there usually a gain from trade between two countries?

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Definitions:

UCS

An acronym for Unconditioned Stimulus, which in classical conditioning theory is an event that naturally and automatically triggers a specific response without previous conditioning.

Classical Conditioning

A process of learning that takes place when there is a connection between an environmental trigger and a stimulus that occurs naturally.

Previously Neutral

Refers to a stimulus that initially elicits no innate response until it is paired with an unconditioned stimulus in the learning process of classical conditioning.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus through conditioning.