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 147 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

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Palade's use of the pulse-chase method to study protein secretion Palade's use of the pulse-chase method to study protein secretion
A recent study found that female baboons that groom each other are more likely to come to each other A recent study found that female baboons that groom each other are more likely to come to each other
William Masters and Virginia Johnson are among the most influential researchers in the history of th William Masters and Virginia Johnson are among the most influential researchers in the history of th
Adults in the Berlin Study of Aging show earlier declines on tests of nonverbal, fluid tasks (upper ... Adults in the Berlin Study of Aging show earlier declines on tests of nonverbal, fluid tasks (upper ...
Study Duddy 2 Study Duddy 2
The results from West and Crook's study of memory for telephone numbers The results from West and Crook's study of memory for telephone numbers
Video: Retina

For a complete list of videos, visit our video library