Which of the Following Does Macroeconomics Endeavor to Answer

question 1

Multiple Choice

Which of the following does macroeconomics endeavor to answer?
i. What role does the government play in recessions and booms and in determining the rate of inflation?
ii. What caused the currency crises in Mexico in the mid-1990s and in many Asian economies at the end of the 1990s?
iii. How does a dairy farmer react to rising milk prices?

• A) iii only
• B) ii only
• C) i and ii
• D) i, ii, and iii
• E) i and iii

---

Definitions:

Auction Pricing

A dynamic pricing strategy where the final sale price of a product or service is determined through competitive bidding.

Out-of-date Items

Products that have surpassed their expiration date, become obsolete, or fallen out of fashion, reducing their desirability or value.

Online Sold

Refers to products or services that are marketed and sold through the internet.

Cookies

Small pieces of data stored by a user's web browser while they are browsing a website, used for tracking and customizing the user experience.