With respect to prices,at the macroeconomic level attention is focused on relative prices,while at the microeconomic level attention is focused on absolute prices.

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At the macroeconomic level, attention is focused on absolute prices, such as the general price level or inflation rates, while at the microeconomic level, attention is focused on relative prices, which are the prices of specific goods or services in comparison to others.

With Respect to Prices,at the Macroeconomic Level Attention Is Focused