Microeconomics differs from macroeconomics in that:
A)microeconomics studies individual decision making while macroeconomics examines aggregate decision making.
B)microeconomics studies aggregate decision making while macroeconomics examines individual decision making.
C)microeconomics utilizes positive economic analysis while macroeconomics utilizes normative economic analysis.
D)microeconomics is concerned with consumer behavior while macroeconomics is concerned with firm behavior.
E)There is no difference between microeconomics and macroeconomics.

Question

Quizplus · Accepted Answer

Microeconomics focuses on individual decision making such as consumer behavior, while macroeconomics examines aggregate decision making such as the behavior of the entire economy.

Microeconomics Differs from Macroeconomics in That