Microeconomics Is Concerned with The

question 66

Multiple Choice

Microeconomics is concerned with the:

• A)total levels of income, employment, and output
• B)behaviour of individual participants in various markets
• C)causes of inflation and unemployment
• D)overall view of the operation of the economic system
• E)way governments can stabilize the economy

---

Definitions:

Self-esteem

An individual's subjective evaluation of their own worth and capabilities.

Ideal Self

The perception of what an individual aspires to be, shaped by personal goals, values, and societal expectations.

Behavioural Anchor Referent

A reference point or standard used to guide or stabilize behavior, often based on past experiences or societal norms.

Stereotype Threat

The psychological pressure experienced by individuals when they fear confirming negative stereotypes about their social group, which can impair their performance.