The study of an individual's choice about what type of computer to buy is a subject of
A) macroeconomics.
B) microeconomics.
C) an aggregate concept.
D) not a concern for economic analysis.
B
Economics
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During recessions, changes in investment spending are the biggest contributor to changes in
a) retail sales. b) consumer spending. c) real GDP. d) personal income.
Economics
Any combination of goods that can be produced with currently available resources is an:
A. inefficient point. B. attainable point. C. efficient point. D. attainable and efficient point.
Economics