select all the correct answers. which of the following statements are true? □ economic stability means fair…

select all the correct answers. which of the following statements are true? □ economic stability means fair distribution of goods in an economy. □ full employment is a macroeconomic goal. □ inflation is a fall in the prices of goods and services. □ inflation is a rise in the prices of goods and services. □ microeconomics studies the economy as a whole.

select all the correct answers. which of the following statements are true? □ economic stability means fair distribution of goods in an economy. □ full employment is a macroeconomic goal. □ inflation is a fall in the prices of goods and services. □ inflation is a rise in the prices of goods and services. □ microeconomics studies the economy as a whole.

Answer

Brief Explanations:

  • Economic stability refers to steady - state economic conditions, not fair distribution of goods.
  • Full employment is indeed a macroeconomic goal aiming for maximum employment.
  • Inflation is a rise in the general price level of goods and services, not a fall.
  • Microeconomics studies individual economic units like households and firms, not the economy as a whole.

Answer:

B. Full employment is a macroeconomic goal. D. Inflation is a rise in the prices of goods and services.