Solutions to Quick Quizzes Chapter 1 the frontier), point B is an inef- Microeconomics is the study of 1. There are many possible answers. ficient point (inside the frontier), how households and firms make and point C is an infeasible point decisions and how they interact in 2. There are many possible answers. (outside the frontier). markets. Macroeconomics is the 3. The three principles that describe study of economy-wide phenom- how the economy as a whole d ena, including inflation, unem- e works are: (1) a country’s standard c ployment, and economic growth. u of living depends on its ability d o r 2. An example of a positive state- P to produce goods and services; g C ment is “a higher price of coffee n (2) prices rise when the govern- i h causes me to buy more tea.” It is ment prints too much money; and t o l a positive statement because it is (3) society faces a short-run trade- C A f a claim that describes the world o off between inflation and unem- y t as it is. An example of a norma
曼昆经济学原理第五版即问即答答案(英文).pdf
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