Which of the Following Statements Is Correct

question 39

Multiple Choice

Which of the following statements is correct?

• A)Microeconomics and macroeconomics are two separate divisions of economics, completely independent of each other.
• B)Microeconomists focus their attention on markets for small products, while macroeconomics focus their attention on markets for large products.
• C)Microeconomics and macroeconomics are two distinct but closely intertwined fields of economics.
• D)It is possible to understand macroeconomics without understanding microeconomics, but not vice versa.

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Definitions:

Affirmative-Action Plan

A strategy aimed at increasing opportunities for historically excluded groups in employment, education, and business.

Valuing Diversity

Recognizing and respecting differences in backgrounds, perspectives, and ideas among individuals or groups.

Affirmative Action

Policies and practices within a workplace or educational body to promote equal opportunities for all people, traditionally those who have been discriminated against.

Equal Employment Opportunity

A principle mandating that all individuals have the same chance for employment, regardless of race, color, religion, gender, age, national origin, or disability.