The study of macroeconomics includes
A) the choices made by individual consumers.
B) the production decisions of firms.
C) the causes of poverty.
D) the determinants of the national unemployment rate.
E) individual markets.
Correct Answer:
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Q11: Microeconomics includes the study of
A) inflation.
B) unemployment.
C)
Q12: The study of individual choices and group
Q13: Which of the following is a macroeconomic
Q14: The economist often considered the "father of
Q15: The Scottish economist who wrote "The Wealth
Q17: The distinguishing feature of microeconomics is studying
A)
Q18: Which of the following decisions would NOT
Q19: The focus of microeconomics is the study
Q20: Macroeconomics differs from microeconomics in that
A) the
Q21: The logical implication of the scarcity problem
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