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4 years ago

In two to three sentences, explain the statement: "Macroeconomics is about the bigger picture."

Social Studies

2 answers:

Alexxandr [17]4 years ago

5 0

Answer:

Macroeconomics uses a top-down approach conceiving the economy as a whole

Explanation:

Macroeconomics ponderates the behavior of a national unit and how its policy reflects on the economic level. The scope is the industries, economic sectors instead of specific companies or individuals that are still present. Yet the questions to be answered are:

What would the rate of inflation be given that....? or What will rise or hinder economic growth when.....?

Macroeconomics can measure how increasing or limiting net exports will affect a nation's capital account, and how this gross domestic product (GDP) will be changed by the unemployment rate

Macroeconomics use aggregates and bases on econometric variables; variables used by the government to fund a new economic or fiscal policy

MaRussiya [10]4 years ago

4 0

Macroeconomics involves the study of aggregate factors such as employment, inflation, and gross domestic product, and evaluating how they influence the economy as a whole

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3 years ago

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3 years ago

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When the administrative and political models of decision making are said to be descriptive, this means: a. The model is most use

Alekssandra [29.7K]

Answer:

B). The model defines how people actually make decisions, under less than ideal conditions.

Explanation:

As per the question, if the administrative as well political models of decision-making are characterized as descriptive, it implies that 'the model defines how people actually make decisions when the situation is not ideal or less ideal'. The descriptive model of decision-making is associated with the ability to take decisions willfully under certain consistent rules. This theory considers the other external factors also that may affect people's decision-making under less-optimal or less-rational conditions because people not always take the decisions that 'should be or must be done' but rather according to their will. Therefore, <u>option B</u> is the correct answer.

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3 years ago

What lessons do you think the english colonists learned from their early jamestown experience? focus on matters of fulfilling ex

FromTheMoon [43]

I believe the answer is:

- Grow different crops

During early jamestown experience, the colonists learned that crops cannot grow in all climate, they had to experiment and found out the type of crops that were ideal to be cultivated at the jamestown.

- Working together would have been more beneficial.

Because of this, they decided to form their own government to ensure that everybody acted based on a certain standard.

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This mean that they created a plan regarding leadership circulation after the current leader of the government stepped down.

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3 years ago