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The Difference Between Microeconomics and Macroeconomics Is That

Question 103

Multiple Choice

The difference between microeconomics and macroeconomics is that


A) microeconomics deals with only small numbers while macroeconomics is always dealing with numbers in the billions and trillions
B) microeconomics deals with the economy as a whole while macroeconomics deals with individual firms
C) microeconomics is concerned with the behavior of individual decision-makers while macroeconomics is concerned with behavior of entire economies
D) microeconomics is only useful for small countries while macroeconomics is useful for large countries
E) microeconomics is only useful for large economies like the United States while macroeconomics is only useful for small economies

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