Multiple Choice
Which of the following statements correctly highlights the difference between microeconomics and macroeconomics?
A) Microeconomics is descriptive, whereas macroeconomics is advisory.
B) Microeconomics primarily deals with positive analysis, whereas macroeconomics primarily deals with normative analysis.
C) Microeconomics deals with a small part of the economy, whereas macroeconomics deals with aggregate economic performance.
D) Microeconomics describes what economic agents actually do, whereas macroeconomics describes what economic agents ought to do.
Correct Answer:

Verified
Correct Answer:
Verified
Q61: Which of the following statements is true?<br>A)
Q62: The following table shows the various combinations
Q63: Which of the following statements is true
Q64: Which of the following statements is true?<br>A)
Q65: Assume that a house is rented by
Q67: Maria has to choose between driving and
Q68: Define the three key principles of economics.
Q69: Which of the following is an example
Q70: The best alternative use of a resource
Q71: Robert and Janet are discussing the unemployment