________ is the study of how individuals, households, ...

[dollx]

________ is the study of how individuals, households, governments, and firms make choices and how those choices affect prices, the allocation of resources, and the well-being of other agents.
 
  A) Macroeconomics B) Monetary economics
  C) Microeconomics D) Growth theory

Question 2

When a change in the price level causes a change in the purchasing power of currency, which then changes planned real expenditures at all income levels, it is called
 
  A) the real-balance effect. B) the open-economy effect.
  C) the substitution effect. D) the interest rate effect.

[Ksh22]

Answer to Question 1

C

Answer to Question 2

A

[dollx]

YES! Correct, THANKS for helping me on my review

[CAPTAINAMERICA]

Thanks for the timely response, appreciate it