The primary emphasis in macroeconomics is on:
A) how firms set prices.
B) the national economy.
C) marginal analysis.
D) bits and pieces of the economy.
Correct Answer:
Verified
Q6: Scarcity exists when:
A)making choices among two or
Q9: The problem of determining what goods and
Q10: Which of the following is studied in
Q12: Scarcity in economics means that:
A)we do not
Q13: If resources are scarce,it means that they:
A)are
Q14: The study of a single firm and
Q15: How people choose among the alternatives available
Q16: The basic concern of microeconomics is:
A)to keep
Q17: Microeconomics deals with:
A)the working of the entire
Q19: Which of the following is NOT a
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