The Main Difference Between Macroeconomics and Microeconomics Is That

question 150

Multiple Choice

The main difference between macroeconomics and microeconomics is that:

• A) microeconomics largely deals with the fallacy of composition,and macroeconomics does not deal with the fallacy of composition.
• B) macroeconomics focuses on the aggregate economy,and microeconomics focuses on small components of that economy.
• C) macroeconomics looks at how individuals make choices,and microeconomics looks at the aggregate of those choices.
• D) macroeconomics is concerned with economic policy,and microeconomics is concerned with international policies.

---

Definitions:

Awards

Recognitions given in honor of an achievement, often in the form of a certificate, medal, trophy, title, or badge.

Self-Efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.

Competently

With adequate ability, knowledge, or skill; effectively and efficiently.

Reciprocal Determinism

A concept in social cognitive theory that suggests individual behavior, personal factors, and environmental influences interact and influence each other.