Macroeconomics differs from microeconomics in that
A) macroeconomics studies the decisions of individuals.
B) microeconomics looks at the economy as a whole.
C) macroeconomics studies the behavior of government while microeconomics looks at private corporations.
D) macroeconomics focuses on the national economy and the global economy.
D
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Jed's weekly budget for lunch is $24. He eats only pizza and burgers. Each pizza costs $6 and each burger costs$3. Jed knows that 2 pizzas and 4 burgers will give him a utility of 8. At his utility-maximizing point, Jed's utility is:
A. 8 B. 4 C. 6 D. 10
Suppose there is a report that the unemployment rate unexpectedly increased in the previous month. To what extent will the expected central bank response to this news affect how stock prices will respond to this report of a higher than expected unemployment rate? Explain
What will be an ideal response?
Refer to the information provided in Figure 7.5 below to answer the question(s) that follow. Figure 7.5Refer to Figure 7.5. Increasing returns continue until the ________ worker is hired.
A. first B. fifth C. eighth D. sixteenth
How have antitrust laws been applied to monopoly since the 1980?
What will be an ideal response?