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Author Question: The distinction between microeconomics and macroeconomics is A) clearly drawn, and there is no ... (Read 174 times)

captainjonesify

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on: Jun 29, 2018
The distinction between microeconomics and macroeconomics is
 
  A) clearly drawn, and there is no overlap between them.
  B) determined by economists in a clear and concise manner.
  C) narrowly drawn, and microeconomic analysis often relies on macroeconomic tools.
  D) often blurred because aggregates are made up of individuals and firms.

Question 2

Other things being equal, an increase in the price of a good leads to a decrease in the amount people purchase. This is known as
 
  A) the law of demand.
  B) the law of supply.
  C) ceteris paribus.
  D) equilibrium.


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Bsand8

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


captainjonesify

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Reply 2 on: Jun 29, 2018
Excellent

xoxo123

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Reply 3 on: Yesterday
Gracias!

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