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| In order to pursue social goals, changes have to be brought in market forces of demand and supply. This can be done by making policies regarding which of the following options? I. Money supply II. Wage rate III. Interest rate IV. Employment |
I, II I, III I, IV I, II, III, IV |
| I, II, III, IV |
| In a large number of situations, society decides to pursue certain important social goals in areas like employment, administration, defence, education and health for which some of the aggregate effects of the microeconomic decisions made by the individual economic agents have to be modified. For these purposes macroeconomists have to study the effects in the markets of taxation and other budgetary policies, and policies for bringing about changes in money supply, the rate of interest, wages, employment, and output |
