Which of the Following Statements Is True

question 54

Multiple Choice

Which of the following statements is true?

• A) Microeconomics is the study of an economy as a whole.
• B) Macroeconomics studies how individuals make choices.
• C) The study of the inflation rate is covered under microeconomics.
• D) The study of the unemployment rate is covered under macroeconomics.

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Definitions:

Activation-Synthesis

A theory of dreaming that suggests dreams are interpretations by our cortex of random neural activity originating in the lower brain areas during REM sleep.

Cognitive Development

The development and transformation of cognitive skills including thought processes, logical reasoning, and comprehension.

Selective Attention

The process of focusing on a specific aspect of information while ignoring other perceivable information.

Change Blindness

A phenomenon in which a person does not notice a significant change in the visual scene when the change occurs outside the center of attention.