Problem of macroeconomics in economics

Can anybody advise me the proper explanation for given problem regarding macroeconomics in Economics generally.

In macroeconomics, where we examine all things like the: (w) problems of What, How, and For Whom. (x) composition of output. (y) interrelations in between individual households and business firms. (z) generally price level.

Please give your opinion for the above query.

View Complete Question

Related Questions in Public Economics

Q : Entry-exit of competitive firms in long

When a typical firm in a perfectly competitive industry is earning profits, in that case: w) all firms will carry on earning profits. x) new firms will enter into the long run causing market supply to reduce, market price to rise and

Q : Explain the positive economic statement

A positive economic statement is one which: (w) involves scientifically testable predictions. (x) is based upon value judgments. (y) explains the world idealistically. (z) applies primarily to microeconomic data. H

Q : Case of unsuccessfulness of goods in

Consider the several possible goods currently producible within the United States, specified our available technologies and resources. When we produced only cat litter and razor blades, there would be a failure to get: (i) distributive efficiency. (ii) economic equity

Q : Maximization of complete value of

Maximization of the complete value of output from a fixed amount of resources gives in: (i) Opportunity cost. (ii) Economic efficiency. (iii) Potential profitability. (iv) Comparative benefit. (v) Scarcity. How can I solve my

Q : Define a common approach to economics A

A common approach to economics involves studying how: (i) charging interest on loans can be ethical. (ii) resources are allocated to satisfy human wants. (iii) individuals and government should balance their budgets. (iv) to determine the best bargain

Q : Self-interested behaviour in economics

Several critics of our economic system contend such that self-interested behavior is not intrinsic, although that people are taught to be "selfish" through our society's stress within competition. Such critics argue that when we encouraged cooperation as much as we cu

Q : Explain about the Invisible hand of

The “invisible hand” of Adam Smith explained: (w) a large function for the government. (x) altruist motives within civilized society. (y) technological advances promoted through monopolies. (z) self correcting market mecha

Q : Explain economics as the study of

Economics is generally explained as the study of how societies and individuals: (1) make options about work and the division of labor, (2) try to maximize their financial wealth and incomes, (3) answer the fundamental economic questions of "Why, Where, and When", (4)

Q : Most dealing of normative economic

Normative economic statements deal mainly along with: (w) the way things should be. (x) production possibilities frontier analysis. (y) facts in place of theories. (z) how to measure economic variables. Please choo

Q : Invisible hand of Adam Smith “

“Invisible hand” of Adam Smith refers to the combined results of: (w) monopoly plus altruism. (x) democracy and freedom. (y) self-interest plus competition. (z) taxes and government regulation.

Discover Q & A

Leading Solution Library

Avail More Than 1447781 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1954827
Asked

3,689

Active Tutors

1447781

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment