Feb 3rd, 2012
Studypool Tutor
Price: $15 USD

Tutor description


Word Count: 2025
Showing Page: 1/5
1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in A. microeconomic research B. macroeconomic research C. theoretical research, because there is no data on these variables D. empirical research, because there is no economic theory related to these variables 2) A basic difference between microeconomics and macroeconomics is that microeconomics A. focuses on the choices of individual consumers, while macroeconomics considers the behavior of large businesses B. focuses on financial reporting by individuals, while macroeconomics focuses on financial reporting by large firms C. examines the choices made by individual participants in an economy, while macroeconomics considers the economy's overall performance D. focuses on national markets, while macroeconomics concentrates on international markets 3) The distinction between supply and the quantity supplied is best made by saying that A. the quantity supplied is represented graphically by a curve and supply as a point on that curve associated with a particular price B. supply is represented graphically by a curve and the quantity supplied as a point on that curve associated with a par

Review from student

Studypool Student
" Excellent work as always thanks so much "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1823 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors