Which of the following statements is correct?
A) Microeconomics and macroeconomics are two separate divisions of economics, completely independent of each other.
B) Microeconomists focus their attention on markets for small products, while macroeconomics focus their attention on markets for large products.
C) Microeconomics and macroeconomics are two distinct but closely intertwined fields of economics.
D) It is possible to understand macroeconomics without understanding microeconomics, but not vice versa.
Correct Answer:
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