The distinction between microeconomics and macroeconomics is ...

[captainjonesify]

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.

[Bsand8]

Answer to Question 1

D

Answer to Question 2

A

[captainjonesify]

Excellent

[Liddy]

TYSM