What Is the Basic Difference Between Macroeconomics and Microeconomics

question 87

Multiple Choice

What is the basic difference between macroeconomics and microeconomics?

• A) Microeconomics is concerned with the trees (individual markets), while macroeconomics is concerned with the forest (aggregate markets).
• B) Macroeconomics is concerned with positive economics, while microeconomics is concerned with normative economics.
• C) Macroeconomics is concerned with policy decisions, while microeconomics applies only to theory.
• D) Microeconomics looks at the forest (aggregate markets), while macroeconomics is concerned with the trees (individual markets).

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