Which of the following economic decisions is not a part of the study of microeconomics?
A) A consumer's decision regarding how much of a good to purchase
B) A worker's decision concerning which job to take
C) A business firm's decision regarding how many machines to purchased.
D) The government's decision regarding the use of monetary or fiscal policy to control increasing prices
Correct Answer:
Verified
Q6: If the nominal price of apples has
Q7: Which of the following steps in evaluating
Q8: The test of a theory is whether:
A)its
Q9: Positive economic analysis utilizes:
A)value judgments of highly
Q10: Which of the following is a positive
Q12: Which of the following is an example
Q13: Positive economics differs from normative economics in
Q14: Which of the following is an example
Q15: Macroeconomics deals primarily with:
A)aggregate economic factors.
B)the behavior
Q16: Value judgments:
A)always produce predictable results.
B)are subjective opinions
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