Which type of scarcity is macroeconomics not concerned of? a. inadequacy of water supply in one region in the country b. insufficient resources available for fishing c. shortage of manpower to fill up the available jobs in the country d. shortage of jobs for the available labor force

Which type of scarcity is macroeconomics not concerned of? a. inadequacy of water supply in one region in the country b. insufficient resources available for fishing c. shortage of manpower to fill up the available jobs in the country d. shortage of jobs for the available labor force

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 3P

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Question

35.

Which type of scarcity is macroeconomics not concerned of?

a.
inadequacy of water supply in one region in the country

b.
insufficient resources available for fishing

c.
shortage of manpower to fill up the available jobs in the country

d.
shortage of jobs for the available labor force

Branch of economics that analyzes the behavior and performance of an economy as a whole. It focuses on the study of aggregates and evaluates changes related to unemployment, gross domestic product, inflation, monetary and fiscal policies of the government.

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