The branch of economics that studies the choices of individuals and businesses is
A) macroeconomics.
B) microeconomics.
C) positive economics.
D) normative economics.
E) social economics.
Correct Answer:
Verified
Q8: The branch of economics that studies the
Q9: Complete the following sentence.Microeconomics is
A)not concerned with
Q10: In a world characterized by scarcity
A)all goods
Q11: The problem of scarcity exists
A)only in economies
Q12: An incentive
A)could be a reward but could
Q14: Each of the following would be considered
Q15: Which one of the following topics does
Q16: The inescapable economic fact is that
A)there are
Q17: Scarcity confronts
A)neither the poor nor the rich.
B)the
Q18: Which one of the following topics does
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