Which of the Following Is Not a Question That Macroeconomists

question 404

Multiple Choice

Which of the following is not a question that macroeconomists address?

• A)Why is average income high in some countries while it is low in others?
• B)Why does the price of oil rise when war erupts in the Middle East?
• C)Why do production and employment expand in some years and contract in others?
• D)Why do prices rise rapidly in some periods of time while they are more stable in other periods?

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Definitions:

Depreciation Expense

The allocated portion of the cost of a fixed asset to expense over the asset's useful life to represent its use and wear and tear over time.

Interest Expense

The financial charge an organization incurs from taking out loans.

Tax Rate

The percentage of an individual's or corporation's income or profits that is paid to the government as tax.

Cash Flow

The net amount of cash and cash equivalents being transferred into and out of a business.