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Economics Is Typically Broken Down into Microeconomics and Macroeconomics

Question 41

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Economics is typically broken down into microeconomics and macroeconomics. Which of the following statements is true?


A) Microeconomics is the study of the aggregate economy.
B) Macroeconomics is the study of individual households and firms in a particular market.
C) Macroeconomics is the study of the aggregate economy.
D) Microeconomics is concerned with overall unemployment and inflation.

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