Multiple Choice
In broad terms the difference between microeconomics and macroeconomics is that
A) microeconomics studies decisions of individual people and firms and macroeconomics studies the entire national economy.
B) they use different sets of tools and ideas.
C) microeconomics studies the effects of government taxes on the national unemployment rate.
D) macroeconomics studies the effects of government regulation and taxes on the price of individual goods and services whereas microeconomics does not.
Correct Answer:

Verified
Correct Answer:
Verified
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