Which of the following is a microeconomic topic?
A) The reasons why total employment decreases
B) The reasons why Kathy buys less orange juice
C) The effect of the government budget deficit on inflation
D) The reasons for a decline in average prices
Correct Answer:
Verified
Q2: In economics, positive statements are about
A)microeconomics, not
Q3: Normative statements are statements about
A)quantities.
B)what ought to
Q4: Which of the following are considered factors
Q6: An economic model is
A)a description of some
Q7: Which of the following questions is NOT
Q8: You have the choice of going on
Q9: The vertical axis in a graph
A)is named
Q10: Suppose we are considering the relationship between
Q11: Which of the following is an example
Q379: If an increase in x (the variable
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