Distinguish between microeconomics and macroeconomics
Please provide the best answer for the statement.
Microeconomics deals with individual economic units such as industries, firms, households, and with individual markets, particular prices, and specific goods and services. Macroeconomics, on the other hand, deals with the performance and behavior of the economy as a whole, including such major aggregates as the household, business, and governmental sectors and with totals for the economy.
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Which of the following is the Fed's best strategy for dealing with shifts of the money demand curve?
a. A neutralization response b. Decrease the money supply c. Maintain a constant money value target d. Maintain a money supply target e. Increase the interest rate
Suppose that fundamental analysis indicates a particular company's stock is overvalued
a. This means its present value is less than its price. You should consider adding the stock to your portfolio. b. This means its present value is less than its price. You shouldn't consider adding the stock to your portfolio. c. This means its present value is more than its price. You should consider adding the stock to your portfolio. d. This means its present value is more than its price. You shouldn't consider adding the stock to your portfolio.
Heckscher and Ohlin identified differences in national factor endowments as the root of ______.
Fill in the blank(s) with the appropriate word(s).
Marginal utility is the
A) total satisfaction received from consuming a given number of units of a product. B) average satisfaction received from consuming a product. C) extra satisfaction received from consuming one more unit of a product. D) satisfaction achieved when a consumer has had enough of a product.