Chapter 23/Measuring a Nations Income v 1011Chapter 23Measuring a Nations IncomeMultiple Choice1.Macroeconomists studya.decisions of households and firms.b.the interaction of households and firms.c.economy-wide phenomena.d.regulations on firms and unions.ANS: CPTS: 1DIF: 1REF: 23-0TOP: EconomistsMSC: Definitional2.Which of the following newspaper headlines would be more closely related to what microeconomists study than to what macroeconomists study?a.Unem
