Inflation and Unemployment

question 125

Multiple Choice

Inflation and unemployment

• A) are the focus of normative economics.
• B) are a focus of microeconomics.
• C) are a focus of positive economics.
• D) are a focus of macroeconomics.

---

Definitions:

Microfinance

Financial services provided to low-income individuals or groups who typically lack access to traditional banking services.

Cash Transfers

Direct payments given to individuals or households, typically by the government, to reduce poverty or provide social assistance.

Direct Aid

Financial or material support provided directly to individuals, organizations, or countries in need, often aimed at alleviating poverty or addressing emergencies.

World Bank

An international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects.