As an Example of the Simplifications That Make Economic Theorizing

question 28

Multiple Choice

As an example of the simplifications that make economic theorizing possible,the major economic "totals" are assumed to be constant in the study of

• A)government budget deficits.
• B)macroeconomics.
• C)economic aggregates.
• D)microeconomics.
• E)unemployment and inflation.

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Definitions:

LH

Luteinizing Hormone, a hormone produced by the anterior pituitary gland that triggers ovulation and stimulates the production of estrogen and progesterone in females, and testosterone in males.

FSH

A gonadotropin, a glycoprotein polypeptide hormone synthesized and secreted by the pituitary gland which regulates the development, growth, pubertal maturation, and reproductive processes of the body.

Estrogen

A group of steroid hormones that play an important role in the regulation of female reproductive cycles and secondary sexual characteristics.

Temporary Endocrine Gland

A gland that appears only during certain periods of life and secretes hormones, such as the corpus luteum in females.