Macroeconomics questions and answers in December 2021

38. The value of a dollar Group of answer choices a. Has steadily declined since the Revolutionary War.   b. Is determined by the amount of gold held by the government.   c. Is set by government fia...
32. The chief spokesperson for U.S. monetary policy is the Group of answer choices a. President of the United-States.   b. Secretary of the Treasury.   c. Chairperson of the Council of Economic Advi...
30. Which of the following countries has the most burdensome budget deficit?                                                         GDP     ...
29. Significant changes in the price of major raw materials such as oil or agricultural goods are often referred to as Group of answer choices a. Price ceilings.   b. Menu costs.   c. Supply shocks....
21. The greatest source of federal government tax receipts is the Group of answer choices a. Corporate income tax.   b. Estate and gift tax.   c. General sales tax.   d. Property tax.   e. Persona...
19. If Carolyn's consumption rises by $3,000 as her income increases from $26,000 to $30,000 per year, her marginal propensity to consume is: Group of answer choices a. 0.70.   b. 0.75.   c. 0.90. ?...
The new reality and big debate with the Covid pandemic have been "To wear a mask or not to wear a mask?" "To get the COVID-19 vaccine or not to get the COVID-19 vaccine?".   1) From an economics view...