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The Basic Tools of Supply and Demand Are

Question 116

Multiple Choice

The basic tools of supply and demand are


A) useful only in the analysis of economic behavior in individual markets.
B) useful in analyzing the overall economy, but not in analyzing individual markets.
C) central to microeconomic analysis, but seldom used in macroeconomic analysis.
D) central to macroeconomic analysis as well as to microeconomic analysis.

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