Major Macroeconomic Questions Include All of the Following EXCEPT

question 95

Multiple Choice

Major macroeconomic questions include all of the following EXCEPT

• A) what causes economic growth?
• B) what causes differences in wages between men and women?
• C) why does inflation vary over time and across countries?
• D) what are the effects of trade imbalances?
• E) what are the causes of unemployment?

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.