Your instructor feels that the authors of the book oversimplify the different views macroeconomists hold. Consequently, students who read this book and watch these videos may come away thinking they have a good handle on the major macroeconomic views, when in reality, economic views have evolved a great deal since the early days of Keynesianism. Furthermore, the views covered are not the only major views held by important macroeconomists, and many macroeconomists hold viewpoints that borrow from more than one general view. True or false: Your instructor feels that this chapter oversimplifies the major views in modern macroeconomics.

10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.

Afood worker has just rinsed a dish after cleaning it. what should he do next?

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer