Macroeconomics is best described as a study of ____ and microeconomics as a study of ____.
A) financial markets, specific markets
B) nations, individuals
C) the stars, solar system
D) abstract, concrete
Correct Answer:
Verified
Q40: Stabilization policy has helped ameliorate the impact
Q41: The Great Depression lead many to question
Q42: Economist John Maynard Keynes wrote that recessions
Q43: During the first year of the Obama
Q44: Economists define an aggregate as
A)a concrete object.
B)a
Q46: Macroeconomists are concerned with
A)most questions about individual
Q47: Macroeconomists differ from microeconomists because macroeconomists focus
Q48: During a recession, markets will
A)decline.
B)increase.
C)increase then decrease.
D)move
Q49: Macroeconomics does not study this aggregate
A)GDP.
B)inflation.
C)happiness.
D)unemployment.
Q50: Microeconomics focuses on _; macroeconomics concentrates on
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