Which of the Following Statements Is False

question 160

Multiple Choice

Which of the following statements is false?

• A) Microeconomics is the branch of economics that deals with human behavior and choices as they relate to relatively small units-an individual,a firm,an industry,and a single market.
• B) Macroeconomics is the branch of economics that deals with human behavior and choices as they relate to highly aggregate markets.
• C) Positive economics attempts to determine what is.
• D) Normative economics addresses what should be.
• E) Positive and normative economics both address what should be.

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Definitions:

Bile

A digestive fluid produced by the liver and stored in the gallbladder, aiding in the digestion and absorption of fats.

Essential Fatty Acid

A type of fat that is necessary for biological processes but cannot be synthesized by the human body, thus must be obtained from one's diet.

Corn Oil

A vegetable oil extracted from the germ of corn kernels, commonly used for cooking, frying, and as an ingredient in various food products.

Sunflower Oil

A vegetable oil extracted from the seeds of the sunflower plant, often used in cooking and in food products.