1. Macroeconomics is _____ of broader aggregations of markets studies study the study to study 2. Macroeconomics tries _____ the national un

1. Macroeconomics is _____ of broader aggregations of markets studies study the study to study 2. Macroeconomics tries _____ the national unemployment rate, the overall price level, and the total value of national output. explained explaining explain to explain 3. There is no _____ the importance of macroeconomic analysis. deny denying denied denies 4. What makes macroeconomics such a _____ subject? challenge challenges challenging challenged 5. Macroeconomic topics _____ often _____ on the front pages of newspapers. is … found are … find are … found ... found 6. Macroeconomics ____ sometimes ____ income theory. called is … called are… called call 7. Income theory _____ the level of total production. to explain explains explained explaining 8. The questions _____ by the macroeconomist are in terms of broad aggregates. asked to ask ask asks 9. Market value of all final goods and services in an economy produced by resources owned by people of that economy regardless of where the resources are located is _____ . consumption requirement Gross Domestic Product (GDP) Gross National Product (GNP) 10. Macroeconomic analysis considers factors _____ the long-term level and growth of national income. affects affected affect affecting 11. International trade _____ determinants of goods-and-services flows across international boundaries. to study study studies studied 12. Many economic events are _____ great interest to macroeconomists. at on оf from 13. Macroeconomics _____ generally _____ on countrywide or global economics. are … focused is … focused … focused be focused 14. World Bank tries to encourage the flow of capital to poor countries; it obtains funds from the world's advanced countries and uses these resources _____ loans to less developed countries. to make make do to do 15. _____ are financial institutions through which savers can directly provide funds to borrowers. Financial markets Banks Organization Company 16. The difference between the money that a country pays out and the money that they receive through international trade is _____. export import balance of payments consumption 17. The goods and services that one country buys from other countries is called _____ . consumption export import requirement 18. The goods and services that a country produces to sell to other countries is called _____ . export requirement import consumption 19. Actions by the Federal government to expand or contract the money supply is _____ . fiscal policy monetary policy national deficit reserve requirement 20. Debt owned by the government is _____ . fiscal policy national deficit consumption reserve requirement