The United Stats in an exception in that_________________?
Correct answer: B. wealth does not correlate with religion
- A. wealth correlates with religion
- B. wealth does not correlate with religion
- C. in most wealth nations religion is very important
- D. none of the above
Explanation
The United States is often described as an exception among wealthy societies because high wealth has not been accompanied by a comparable decline in religious importance. Thus, wealth does not correlate with reduced religious commitment in the expected way.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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