Which of the Following Is a Difference Between Micro- and Macro-Level

question 57

Multiple Choice

Which of the following is a difference between micro- and macro-level perspectives on the family?

• A) Unlike the micro-level perspective, the macro-level perspective focuses only on the decisions taken by the family members.
• B) Unlike the macro-level perspective, the micro-level perspective focusses on external factors on which families have little control.
• C) Unlike the micro-level perspective, the macro-level perspective takes into account constraints such as economic forces and technology.
• D) Unlike the micro-level perspective, the macro-level perspective states that the economy has no role to play when it comes to divorces.

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Definitions:

Financial Lease

A financial lease is a lease in which the lessee has substantially all the risks and rewards incidental to ownership of the leased asset, often with an option to purchase the asset at the end of the lease term.

Capital Lease

A lease classified as a purchase by the lessee, obligating them to record the leased asset as an owned asset in their financial statements.

Partially Amortized

A loan repayment plan where the total sum borrowed is not fully paid off by the end of the loan term, leaving a lump sum due as a "balloon payment."

Net Advantage

The quantitative benefit or gain derived from a particular decision or action, after considering all related costs and disadvantages.