Question

1.

Macroeconomic policies that focus on government spending and taxes are considered

monetary policies.

fiscal policies.

federal policies.

2.

A company is trying to accurately predict how many more units of a product will be purchased by their customers if the product is discounted by 15%. What tool will assist the company to most accurately run this assessment?

mathematical equations

data analysis

macroeconomic data

3.

Macroeconomic topics can be impacted by which of the following microeconomic topics?

What determines what prices a firm will charge?

How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?

What combination of goods and services will best fit their needs and wants, given the budget they have to spend?

Answer 1

The policy of the government which is related with spending and tax policies to influence economic conditions, especially macroeconomic conditions, including aggregate demand for goods and services, employment, inflation, and economic growth is know as fiscal policy.

1). The correct option is (c).

Fiscal policy.

2). The correct option is (c).

Macroeconomic data.

As we know that Macroeconomic data consist mainly of the aggregate values of economic flows either at the level of the total economy, such as GDP and National Income, or at lower levels of aggregation such as the income, expenditure, and saving of the household or government sectors.

3). The correct option is (b).

How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?

Because at macrolevel also an econnomy or country decides that how much resources to be utilized for future consumption of it's people and use accordingly.