The Basic Difference Between Macroeconomics and Microeconomics Is That

question 104

Multiple Choice

The basic difference between macroeconomics and microeconomics is that

• A) microeconomics is concerned with aggregate markets and the entire economy, while macroeconomics is concerned with specific individual markets.
• B) macroeconomics is concerned with policy decisions, while microeconomics applies only to theory.
• C) microeconomics is concerned with individual markets and the behavior of people and firms, while macroeconomics is concerned with aggregate markets and the entire economy.
• D) macroeconomics is concerned with positive economics, while microeconomics is concerned with normative economics.

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Definitions:

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.

Gender Typing

The process by which society and culture ascribe particular roles, behaviors, or attributes to individuals based on their perceived sex.

Third-sex Category

A concept in some cultures for individuals who do not fit within the traditional binary genders of male and female, recognizing a separate unique gender identity.

Anthropologists

Scientists who study human behavior, cultures, societies, and biological traits, past and present.