Macroeconomics deals with ________ while microeconomics deals with ________
A) choices important to people; choices not important to people
B) economywide choices; choices of individuals
C) choices that involve money; choices that does not involve money
D) choices of rich people; choices of poor people
Answer: B
Economics
You might also like to view...
If an economy is operating __________ its institutional production possibilities frontier, it is producing __________ output than it would be at full employment
A) below; less B) below; more C) above; less D) above; more E) a and d
Economics
Refer to the diagrams, in which AD 1 and AS 1 are the "before" curves and AD 2 and AS 2 are the "after" curves. Other things equal, inflation is absent in:
A. panel (A) only.
B. panel (B) only.
C. panel (C) only.
D. panels (A) and (C).
Economics