Which of the following is a microeconomic topic?
A) the job search behavior of a college graduate
B) the impact of policy on the unemployment rate
C) the impact of policy on the inflation rate
D) the national debt
E) the balance of payments
Correct Answer:
Verified
Q93: The economic behavior of individual decision makers
Q94: An economic model will produce poor predictions
Q95: Theory in economics
A)involves some simplification of reality
B)bears
Q96: Microeconomics is the study of
A)marginal or inferior
Q97: An economic model
A)omits critical elements
B)must be presented
Q99: The behavior of the entertainment industry in
Q100: Theory seeks to
A)simplify a complex reality
B)confront reality
Q101: In an economic model of consumer behavior,
Q102: Economic theory
A)expresses normative values
B)invents imaginative and interesting
Q103: Behavioral assumptions
A)make economic models more complex than
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