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The Basic Difference Between Macroeconomics and Microeconomics Is That

Question 180

Multiple Choice

The basic difference between macroeconomics and microeconomics is that


A) macroeconomics looks at how people make choices, and microeconomics looks at why they make those choices.
B) macroeconomics is concerned with economic policy, and microeconomics is concerned with economic theory.
C) macroeconomics focuses on the aggregate economy, and microeconomics focuses on small components of that economy.
D) macroeconomics is associated with the fallacy of composition, and microeconomics has little to do with the fallacy of composition.

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