The study of microeconomics includes measuring the a. profit of a corporation b. national output level c. money supply d. overall level of prices e. number of people employed in the economy
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The study of
a. profit of a corporation
b. national output level
c. money supply
d. overall level of prices e. number of people employed in the economy
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- Find out the microeconomic factor that affects the specific business organization. a. Demand b. All c. Market size d. SupplyGive three examples of Science. a. Telephony b. Biology c. Computers d. Robotics e. Chemistry f. ZoologyQuestion: Which of the following is related to Microeconomics?[A] The size of national economy[B] Inflation[C] Unemployment[D] Behaviour of individual economic unitsPlease Dont use AI tool.
- create 2 ideas if you were creating a topic idea based off of the information below It must be a MACRO topic economics theory is applied. a thorough understanding of particular economic concepts/theories; that you can apply those concepts/theories to analyze daily events.Macroeconomics is the study of a. the behavior of large firms in the marketplace b. the economic behavior of individual decision makers c. the behavior of the economy as a whole d. how to use the fewest natural resources to produce goods and servicesWhich of the following is not a way to the us government intervenes in the economy a. Minimum wage b. Social security c. Unemployment insurance d. telling businesses how much quantity to make e. the affordable care act(aka Obama care) f. Not allowing companies to merge or buy another company
- Microeconomics is best described as the study of a. economy-wide phenomena. b. how households and firms make decisions and how they interact in specific markets c. the flows of dollars between households and firms. d. markets for land, labor, and capital.Macroeconomics or Microeconomics a. Tesla announced the development of a million mile electric car battery that is ready to launch b. The Bureau of Labor Statistics projects a 20% increase in the number of workers in tourism industry from 2009-2019QUESTION 28 Fill in the blank using the number that corresponds to the correct word or phrase in the word bank below 1. positive 2. model 3. dependent 4. normative 5. theory 6. graphs 7. models 8. law 9. independent A hypothesis that has not been rejected after widespread testing and that wins general acceptance is commonly called a A theory that has been subjected to even more testing and that has won virtually universal acceptance becomes a The real world is far too complex for the human mind so scientists use instead. A is a set of simplifying assumptions about some aspect of the real world. Economists often use to represent economic models. Hypotheses in economics typically specify a relationship in which a change in one variable causes another to change, the variable that responds change is called the variable; the variable that induces a change is called the variable. A statement of fact or a hypothesis is a statement and a statement is one that makes a value judgment