Which Would Be Considered a Macroeconomic Study? a Study of the Effect

question 131

Multiple Choice

Which would be considered a macroeconomic study? A study of the effect of:

• A) a decrease in the price of automobiles on automobile sales.
• B) changing government spending to increase employment.
• C) a new tax on the profits of a business.
• D) lower interest rates on a firm's investment.

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Definitions:

Viscous Lava Flows

Slow-moving lava flows with a high silica content that are thick and sticky.

Pyroclastic Eruptions

Explosive volcanic eruptions that eject fragmented material, including ash, lava fragments, and volcanic bombs.

Volcanic Mudflows

Rapid flows of volcanic material, consisting of a mixture of water and rock fragments, that move down the slopes of a volcano.

Mantle Plume

A column of very hot rock rising up from deep within the Earth's mantle, believed to cause volcanic hotspots and other tectonic features.