The field of economics is traditionally divided into two broad subfields,
a. national economics and international economics.
b. consumer economics and producer economics.
c. private sector economics and public sector economics.
d. microeconomics and macroeconomics.
d
Economics
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Refer to Figure 10.1. If only one light is installed, the person who is responsible for the light being installed receives a payoff of
A) 2. B) 4. C) 6. D) 8.
Economics
Demand for real money balances depends on ________
A) the price level B) the real interest rate C) the opportunity cost of holding money D) all of the above E) none of the above
Economics