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.
D
Economics
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In the IO perspective, it is important to enter an industry with
a. High barriers to entry b. High buyer power c. High supplier power d. All of the above
Economics
Calculate the discounted value of $2,875 to be received from a bank a year later at an interest of 15 percent per annum
a. $2,625 b. $2,075 c. $2,015 d. $2,500
Economics