Macreconomics: Policy and Practice (Mishkin)
Chapter 1 The Policy and Practice of Macroeconomics
1.1 The Practice of Macroeconomics
1) Macroeconomics is the study of _ while microeconomics studies _.
A) large biological systems; political implications of
Why Study Money, Banking, and Financial Markets?
1.1 Why Study Financial Markets?
1) Financial markets promote economic efficiency by
A) channeling funds from investors to savers.
B) creating inflation.
C) channeling funds from savers to i