Macroeconomics Might Study Which of the Following

question 151

Multiple Choice

Macroeconomics might study which of the following?

• A) the causes of domestic unemployment
• B) decision making undertaken by firms
• C) decision making undertaken by households
• D) determinants of the prices of rare goods (e.g., diamonds)

---

Definitions:

Revenue Journal

An accounting ledger that records incoming revenue transactions or sales made by a company.

General Ledger

A complete ledger detailing every fiscal activity during the lifespan of a business.

Transaction Errors

Mistakes or inaccuracies occurring in the recording, processing, or reporting of financial transactions.

Debit

Amount entered on the left side of an account.