Which of the Following Is Not a Topic Studied in Macroeconomics

question 217

Multiple Choice

Which of the following is not a topic studied in Macroeconomics?

• A) gross domestic product
• B) the unemployment rate
• C) the price of Dell computers
• D) the inflation rate

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Definitions:

Calvin Coolidge

The 30th President of the United States (1923–1929), known for his small government conservatism and for his quiet and reserved personality, leading the nation through the Roaring Twenties.

Laissez-faire Economics

An economic theory advocating minimal government intervention in the marketplace and allowing free interaction of supply and demand.

New Society

A concept or movement aimed at creating a social order differing from the current, often focusing on ideals of equality and justice.

Phonographs

Early mechanical devices invented for recording and playing back sounds, initially using cylindrical or disc-shaped records.