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Introduction to Macroeconomics

1.

'Save more’ is always a virtue.

Answer: B

 False

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2.

Microeconomics deals with the aggregate economic variable of an economy.

Answer: B

False

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3.

The capitalist economy works for social welfare.

Answer: B

False

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4.

The domestic country may buy goods from the rest of the world. It is called exports.

Answer: B

False

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5.

The domestic country may sell goods to the rest of the world. It is called imports.

Answer: B

 False

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