Microeconomic models focus on the behavior of
a. all households, businesses, and government sectors at the same time
b. the household sector as a whole
c. individual households and business firms
d. individual households, business firms, and government agencies
e. the business and government sectors
D
Economics
You might also like to view...
When the Fed wants to decrease US interest rates it will buy US treasury bonds
a. true b. false
Economics
If Carol's Crayon Factory's price exceeds its average total cost in the short run, then
a. it should shut down b. it is earning a profit c. profits are being maximized d. it should increase output e. it should decrease output
Economics