Macroeconomics focuses on the outcomes of decisions by people and firms,whereas microeconomics is a study of how the major components of an economy interact.

Question

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The statement has the definitions of macroeconomics and microeconomics reversed. Macroeconomics is a study of how the major components of an economy interact, while microeconomics focuses on the outcomes of decisions made by people and firms.

Macroeconomics Focuses on the Outcomes of Decisions by People and Firms,whereas