The difference between microeconomics and macroeconomics is that
A)microeconomics looks at supply and demand for goods,while macroeconomics looks at supply and demand for services.
B)microeconomics looks at prices,while macroeconomics looks at inflation.
C)microeconomics looks at individual consumers and firms,while macroeconomics looks at national totals.
D)microeconomics looks at national issues,while macroeconomics looks at global issues.

Question

Quizplus · Accepted Answer

Microeconomics focuses on studying the behavior of individual consumers, households, and firms in making economic decisions, while macroeconomics looks at the performance and behavior of entire national economies, including factors such as inflation, GDP, and unemployment rates.

The Difference Between Microeconomics and Macroeconomics Is That