Microeconomics deals with:
A) the working of the entire economy or large sectors of it.
B) employment, growth, and inflation.
C) individual units in the economy.
D) normative economics for the most part.
Correct Answer:
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Q33: The opportunity cost of something is:
A)greater during
Q46: The BEST example of making a choice
Q47: The economic way of thinking includes:
A) more
Q48: Unemployment and inflation are:
A) not relevant in
Q49: The economic way of thinking includes:
A) attention
Q50: The sacrifice of an alternative is called:
A)
Q52: The study of a single firm and
Q54: A choice made _ is a choice
Q55: Macroeconomics deals with:
A) bits and pieces of
Q56: The primary emphasis in macroeconomics is on:
A)
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