This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The study of microeconomics and macroeconomics differ in that: a. microeconomics is concerned with ... (Read 208 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The study of microeconomics and macroeconomics differ in that:
 a. microeconomics is concerned with the domestic economy and macroeconomics is concerned only with the international economy.
  b. microeconomics examines the individual markets of the economy while macroeconomics studies the whole economy.
  c. microeconomics studies the actions of households and macroeconomics studies the actions of business firms.
  d. microeconomics examines the whole economy while macroeconomics studies the individual units of the economy.

Question 2

Which of the following would be of particular interest to a microeconomist?
 a. The price of fruit the typical household consumes.
  b. The nation's inflation rate.
  c. The nation's rate of unemployment.
  d. The budget of the national government.
  e. The growth of the economy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
:D TYSM

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Aerial photo showing the placement of 24 study plots, each 50 m by 50 m, in the Chihuahuan Desert ne Aerial photo showing the placement of 24 study plots, each 50 m by 50 m, in the Chihuahuan Desert ne
The skulls of living haplorhines differ from those of strepsirhines by having large brains, an enclo The skulls of living haplorhines differ from those of strepsirhines by having large brains, an enclo
Pablo Picasso, Study for Les Demoiselles d'Avignon: Head of the Squatting Demoiselle Pablo Picasso, Study for Les Demoiselles d'Avignon: Head of the Squatting Demoiselle
Jacques-Louis David, Study for the Death of Socrates. Jacques-Louis David, Study for the Death of Socrates.
Heartfelt Forgiveness Study Heartfelt Forgiveness Study
The Prison Study The Prison Study
Video: Anatomy and Chemical Makeup of a Single Hair (Animation)

For a complete list of videos, visit our video library