Macroeconomics
10th Edition
ISBN: 9781319105990
Author: Mankiw, N. Gregory.
Publisher: Worth Publishers,
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Chapter 1, Problem 6QQ
To determine
Identify the statement which is related micro economics.
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Students have asked these similar questions
One of the following scopes under the definition of macroeconomics is NOT TRUE
A) Macroeconomic is a study about the behavior of the economy and analyses how the economy performs.
B) Macroeconomic studies about how a consumer reacts to the fluctuation of price in his consumption.
C) Macroeconomic analyses the indicator in line with the long-term economic objectives of the society or economy.
D) Macroeconomic focuses on aggregate changes in the economy such as unemployment, the growth rate of the national output, inflation, and trade balance.
explain the difference between macroeconomics and microeconomics.
Economics is mainly classified into .........................
a)
Macroeconomics
b)
Business studies
c)
Both Macroeconomics and Microeconomics
d)
Microeconomics
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