If a Macroeconomist Studying the Causes of Unemployment Suspects That

question 38

Multiple Choice

If a macroeconomist studying the causes of unemployment suspects that changes in technology might play a role,then this macroeconomist is at which step in the process of developing an economic model?

• A)Identify the exogenous variables.
• B)Identify the endogenous variables.
• C)Compare the model with the data.
• D)Conduct prediction and policy analysis.
• E)Develop a model.

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Definitions:

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which in turn reduces its price but not the total market capitalization.

Total Market Value

The aggregate value of a company or an asset in the marketplace, based on current prices and the total number of shares or units outstanding.

Stock Split

A corporate action where a company divides its existing stock into multiple shares to boost the liquidity of the shares.

Shares Outstanding

The cumulative amount of a company's shares that have been approved, distributed, and acquired by shareholders and currently possessed by them.