Microeconomics approaches the study of economics from the viewpoint of:
A) inflation, unemployment, and economic growth.
B) the federal government.
C) individual economic units, such as consumers, firms, and units of government.
D) the economy as a whole.

Question

Quizplus · Accepted Answer

Microeconomics focuses on the behavior and decision making of individual economic units such as consumers, firms, and units of government, rather than macroeconomic factors such as inflation, unemployment, and economic growth or the economy as a whole.

Microeconomics Approaches the Study of Economics from the Viewpoint Of