Microeconomics focuses on:
a. economic growth
b. trade balances.
c. unemployment.
d. the actions of individual households.
d
You might also like to view...
Small businesses that operate outside the normal framework of laws and regulations are part of the
a. informal sector b. capital intensive sector c. International Comparison Project d. human capital network e. none of the above
It is often profitable for the white-males to accept lower paying positions to avoid working with women
a. True b. False Indicate whether the statement is true or false
When the U.S. dollar depreciates against other currencies:
a. foreign goods become less expensive to U.S. buyers. b. U.S. goods become more expensive to foreign buyers. c. foreign currencies depreciate against the U.S. dollar. d. the volume of U.S. imports decline. e. the volume of U.S. exports decline.
Capital widening refers to an increase in the amount of capital per worker, either human capital per worker, in the form of higher education or skills, or physical capital per worker.
Select whether the statement is true or false. A. True B. False