Bill Gates does not face scarcity because he is a billionaire c. producers C. Maintaining a strong level of economic growth. Which of the following individuals would be most negatively affected by anticipated inflation? \end{array} C. unlimited resources exceed limited wants. B) unemployed Suppose a drought resulted in a major reduction in the California lettuce crop. A) increase in demand; decrease in demand In the first six months of 2003, branches of Commerce Bank in New York City were robbed 14 times. How has the discovery of oil in the Niger delta affected Nigeria's environment? C) people employed in the underground economy A) automatic stabilizers; discretionary fiscal policy How were consumption and investment affected . A) allocative efficiency B. Macroeconomics EC112 Flashcards | Quizlet D) What determines the level of U.S. imports and exports? D) ceteris paribus. a. D. Allocative efficiency. there is a current account deficit. The data is listed per quarter, and the real GDP data was calculated using 2009 as the base year. A shift inward of the production possibilities curve. A) change; overestimates _____a. Which of the following is not a function of money? Group of C. How is the production quantity of snowboards determined? An outward shift of a nation's production possibilities frontier can occur due to b) A French pharmaceutical firm builds a new factory in Poland for its subsidiary. It is an example of the post hoc fallacy MCQs on Basic Economics - GeeksforGeeks Go to Memorandum. You know that average prices have risen steadily since 1961. A) 5 times as much as your grandfather in terms of real income. C) decrease the number of persons in the labor force. Producers are using inventory faster than it can be replaced. c. Post hoc, ergo propter hoc (C) how individual markets work. a. C. A movement from inside the production possibilities curve to a point on the production possibilities curve. Which of the following is a macroeconomic question? B. the government a. C. An increase in national defense is possible only if we produce more butter. d. All of the above B) partial C. Should the government prevent the merger of two large firms?
which of the following would be a macroeconomic question?