Which of the following questions can be answered using the concepts of
Which of the following questions can be answered using the concepts of macroeconomics?
A) What is the effect of an increase in price on the supply of a good?
B) Why do some firms produce differentiated goods?
C) What is the difference between a public good and a private good?
D) Why does the rate of economic growth fluctuate from year to year?
ANSWER
D
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