Microeconomics is best described as the study of
A) the choices made by individual households, firms, and governments.
B) marginal changes in the economy.
C) inflation, unemployment, gross national product, and the nation's economy as a whole.
D) how markets interact in the aggregate economy.
A
Economics
You might also like to view...
In 2009, U.S. real GDP decreased by 3 percent and the population grew by 1 percent. Thus, real GDP per person
A) decreased 4 percent. B) increased 4 percent. C) decreased 3 percent. D) increased 2 percent. E) decreased 2 percent.
Economics
Which of the following are ways to ration goods and services?
A) price B) physical force C) political power D) All of the above are correct.
Economics