The Branch of Economics Which Studies the Behavior of Entire

question 181

Multiple Choice

The branch of economics which studies the behavior of entire economies and policies that affect the economy as a whole is called

• A)public economics.
• B)microeconomics.
• C)macroeconomics.
• D)normative economics.

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Definitions:

Total Assets

The sum of all owned resources with economic value that a company or individual possesses.

Return on Equity

A financial ratio representing the amount of net income returned as a percentage of shareholders equity, demonstrating a company's efficiency in generating profits.

Owner's Investment

The initial amount of money or assets an owner contributes to start or support the business.

Firm

Another term for a business or company, often used in legal contexts.