Multiple Choice
Microeconomists
A) focus on the economy as a whole.
B) spend much time analyzing how total income changes, and how changes in income cause changes in . other modes of economic behavior.
C) spend a great deal of time and energy investigating how people form their expectations and change them over time.
D) assume that economic adjustment occurs first through prices that change to balance supply and demand.
Correct Answer:
Verified
Correct Answer:
Verified
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