This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The study of microeconomics and macroeconomics differ in that: a. microeconomics is concerned with ... (Read 209 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
The study of microeconomics and macroeconomics differ in that:
 a. microeconomics is concerned with the domestic economy and macroeconomics is concerned only with the international economy.
  b. microeconomics examines the individual markets of the economy while macroeconomics studies the whole economy.
  c. microeconomics studies the actions of households and macroeconomics studies the actions of business firms.
  d. microeconomics examines the whole economy while macroeconomics studies the individual units of the economy.

Question 2

Which of the following would be of particular interest to a microeconomist?
 a. The price of fruit the typical household consumes.
  b. The nation's inflation rate.
  c. The nation's rate of unemployment.
  d. The budget of the national government.
  e. The growth of the economy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcomstock09

  • Sr. Member
  • ****
  • Posts: 377
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Wow, this really help

aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Model organisms used to study the genetics of development Model organisms used to study the genetics of development
Lynx-hare interactions have served as a model system for the study of the effects o Lynx-hare interactions have served as a model system for the study of the effects o
U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme U.S. Study on Identity Achievement With age, more young people are classified in identity achieveme
Chinese officials have become concerned about the lopsided gender ratio that their “one couple, ... Chinese officials have become concerned about the lopsided gender ratio that their “one couple, ...
These findings are from Colby and Kohlberg's long-term longitudinal study These findings are from Colby and Kohlberg's long-term longitudinal study
A GWAS study for Type 2 diabetes revealed 386,371 genetic markers, clustered here by chromosome numb A GWAS study for Type 2 diabetes revealed 386,371 genetic markers, clustered here by chromosome numb
Video: Lipid digestion - mouth, stomach and small intestine

For a complete list of videos, visit our video library