Which of the Following Does Macroeconomics Endeavor to Answer

question 10

Multiple Choice

Which of the following does macroeconomics endeavor to answer?
i. How does a dairy farmer react to rising wheat prices?
ii. What causes an increase in the price of Apple stock?
iii. What are potential causes of financial crises?

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

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Definitions:

Internal Control

Approaches and techniques employed by a business to protect the veracity of accounting and financial information, foster answerability, and inhibit dishonesty.

Cash Receipts

Money received by a business from transactions, including sales, loan proceeds, or other cash inflows.

Control Measures

Actions, mechanisms or policies implemented to regulate processes and diminish risks.

Sarbanes-Oxley Act

A United States federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures.