In broad terms the difference between microeconomics and macroeconomics is that
A) microeconomics studies decisions of individual people and firms and macroeconomics studies the entire national economy.
B) they use different sets of tools and ideas.
C) microeconomics studies the effects of government taxes on the national unemployment rate.
D) macroeconomics studies the effects of government regulation and taxes on the price of individual goods and services whereas microeconomics does not.
Correct Answer:
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Q44: Studying the effects choices have on the
Q45: Which of the following is a macroeconomic
Q46: Microeconomics is the study of .
A) the
Q47: Which of the following questions is NOT
Q48: The fact that wants cannot be fully
Q50: Which of the following is a macroeconomic
Q51: Macroeconomics differs from microeconomics in that:
A) macroeconomics
Q52: Macroeconomics is the branch of economics that
Q53: Which of the following questions is a
Q54: Microeconomics focuses on all of the following
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