Economics examines the options open to households and business firms, but ignores the options of governments and entire societies.

Name: Economics examines the options open to households and business firms, but ignores the options of governments and entire societies.
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Economics does not ignore governments and entire societies. In fact, macroeconomics specifically focuses on the interactions between the economy and governments and societies as a whole.

Economics Examines the Options Open to Households and Business Firms