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Macroeconomics and Microeconomics Are Complementary in That

Question 11

Multiple Choice

Macroeconomics and microeconomics are complementary in that


A) macroeconomics explores the context within which microeconomic decisions are made
B) microeconomics takes a broader look at the issues upon which macroeconomics is more narrowly focused
C) microeconomics seeks to understand the economy as it is, while macroeconomics seeks to determine how the economy ought to be designed
D) microeconomics examines market-based economies, whereas macroeconomics examines command economies
E) macroeconomics studies private behavior, while microeconomics studies public behavior

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