The branch of economics that studies the performance of the national economy and the global economy is
A) normative economics.
B) Keynesian economics.
C) microeconomics.
D) positive economics.
E) macroeconomics.
Correct Answer:
Verified
Q2: Complete the following sentence.Microeconomics is
A)not concerned with
Q3: An incentive
A)could be either a reward or
Q4: Scarcity confronts
A)only families with incomes less than
Q5: In a world characterized by scarcity
A)individuals need
Q6: Which of the following is the best
Q8: The problem of scarcity applies
A)only in countries
Q9: Complete the following sentence.Macroeconomics
A)deals mainly with the
Q10: The fact that human wants cannot be
Q11: The inescapable economic fact is that
A)capitalists are
Q12: Which of the following is a microeconomic
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