Ahmed is a new student in the economics course. On the first day of the course the teacher told him about Micro and Macroeconomics in detail. Which of the following illustrates Micro and Macroeconomics?
Ahmed is a new student in the economics course. On the first day of the course the teacher told him about Micro and Macroeconomics in detail. Which of the following illustrates Micro and Macroeconomics?
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 7SCQ: Would a research study on the effects of soft drink consumption on childrens cognitive development...
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41. Ahmed is a new student in the economics course. On the first day of the course the teacher told him about Micro and Macroeconomics in detail. Which of the following illustrates Micro and Macroeconomics?
a.
All of these.
b.
Study of the individual consumer is Microeconomics and the study of all consumers are Macroeconomics
c.
Study of one product is microeconomics and study of all products are macroeconomics
d.
Study of one person’s income is microeconomics and study of national income is macroeconomics
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