Which of the Following Is a Macroeconomic Issue

question 97

Multiple Choice

Which of the following is a macroeconomic issue?

• A) The price of a ticket to Walt Disney World in Orlando is increased.
• B) The National Football League signs a new television contract.
• C) The number of jobs and production in Zimbabwe increase.
• D) The Iowa corn harvest is smaller than normal.
• E) Utilities are required to install more anti-pollution devices.

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Definitions:

Normally Distributed

A distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Standard Deviation

A measure of the dispersion or spread of a set of numbers, indicating how much the individual numbers differ from the mean of the set.

Mean

The average of a set of numbers, calculated by dividing the sum of the values by the count of numbers.

Probability Density Functions

Functions that describe the relative likelihood for a continuous random variable to take on a given value.