Which of the following statements is true of microeconomics? A) ...

[nummyann]

Which of the following statements is true of microeconomics?
 A) It includes the monitoring of national, regional, and global economies.
  B) It primarily focuses on smaller economic units.
  C) It is the study of a country's overall economic dynamics.
  D) It excludes the study of families.

Question 2

The total flow of money into a country minus the total flow of money out of the country over some period of time is called the country's
 A) trade deficit.
  B) balance of payments.
  C) unfavorable balance.
  D) balance of trade.
  E) favorable balance.

[katkat_flores]

Answer to Question 1

B

Answer to Question 2

B

[nummyann]

Thanks for the timely response, appreciate it

[nothere]

Great answer, keep it coming