Which of the Following Statements Is True

question 342

Multiple Choice

Which of the following statements is true?

• A) Microeconomics focuses on specific decision-making units of the economy; macroeconomics examines the economy as a whole.
• B) Macroeconomics focuses on specific decision-making units of the economy; microeconomics examines the economy as a whole.
• C) Every topic in economics is either a microeconomic or a macroeconomic issue; a topic cannot be both.
• D) Topics in microeconomics have public policy implications; topics in macroeconomics do not.

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Definitions:

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Lifespan

The duration of time that an individual, organism, product, or concept exists.

Community Relations

Management of the relationship between an organization and the communities in which it operates, aiming for mutual benefit.

Community's Structure

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