Modern economists are increasingly using microeconomic analysis in macroeconomics because
A) microeconomic theory is more scientific.
B) aggregate outcomes stem from decisions made by individuals, business firms and government.
C) macroeconomic subjects such as inflation affect all individuals.
D) macroeconomics is older and more outdated.
Question 2
Buyers and sellers receive signals from markets
A) by listening to the TV news programs.
B) through the price system.
C) from the gossip columns in the newspapers.
D) from their friends and acquaintances.
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