Microeconomics focuses on ____; macroeconomics concentrates on ____.
A) the basic tools of analysis; the use of abstractions and models
B) the economies of various countries; the decisions of individual companies
C) the decisions of individual units; the behavior of entire economies
D) the economic aggregates; the decisions of individual units
Correct Answer:
Verified
Q45: Macroeconomics is best described as a study
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.
Q51: An economist who studies the sales and
Q52: Combining various goods and services into a
Q53: Macroeconomics stresses
A)resource allocation and income distribution.
B)inflation and
Q54: In response to the "Great Depression 2.0,"
Q55: China is the world's largest wheat producer.If
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents