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Author Question: Which of the following statements is true of microeconomics? A) It includes the monitoring of ... (Read 22 times)

nummyann

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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.



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katkat_flores

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Answer to Question 1

B

Answer to Question 2

B




nummyann

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Reply 2 on: Jul 14, 2018
YES! Correct, THANKS for helping me on my review


Bigfoot1984

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Reply 3 on: Yesterday
Wow, this really help

 

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