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Which of the Following Statements Is True

Question 342

Multiple Choice

Which of the following statements is true?


A) Microeconomics focuses on specific decision-making units of the economy; macroeconomics examines the economy as a whole.
B) Macroeconomics focuses on specific decision-making units of the economy; microeconomics examines the economy as a whole.
C) Every topic in economics is either a microeconomic or a macroeconomic issue; a topic cannot be both.
D) Topics in microeconomics have public policy implications; topics in macroeconomics do not.

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