Which of the Following Is a Positive Macroeconomics Statement

question 80

Multiple Choice

Which of the following is a positive macroeconomics statement?

• A) The central bank should increase the nation's money supply.
• B) The increase in the nation's money supply helped push the nation's unemployment rate down in the short run.
• C) Ford Motor Company's new advertising campaign ended up hurting General Motors' sales.
• D) The local government ought to spend more on recreational facilities.

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Definitions:

Industry Attractiveness

A measure of the potential profitability and prospects for growth within a particular industry or market sector.

Bargaining Power of Buyers

The influence that customers have over a producing industry, often affecting pricing, quality, and terms of sale.

Degree of Rivalry

The extent and intensity of competition among businesses within the same industry.

Substitute Products

Goods or services that can be used in place of each other, offering consumers alternatives in their purchasing choices.