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- What are some examples of macroeconomics queation?Explain why macroeconomists like to build models and why do macroeconomists build models based on microeconomic principles? Discuss.What is the purpose of macroeconomic models? How can a model of ice creamproduction be used to explain 50-fold income diferences across countries?
- What new developments starting in the 1980's have changed macroeconomic thought?Which of the following is not related to Macroeconomics? a. Determining individual consumer decisions b. Preventing the economy from experiencing inflation c. Preventing the economy from experiencing unemployment d. Keeping living standards high for people to live decent, meaningful livesTrue or false question: Although there is no specific founder of macroeconomics, John Maynard Keynes is usually cited as such.