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Macroeconomics Often Relies on Microeconomic Analysis Because

Question 118

Multiple Choice

Macroeconomics often relies on microeconomic analysis because


A) microeconomics is older than macroeconomics.
B) microeconomic theory can be tested and macroeconomic theory cannot be tested.
C) all aggregates are made up of individuals and firms.
D) the effects of macroeconomic subjects such as inflation and unemployment are independent of individual consumers and firms.

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