Microeconomics Includes the Study of the

question 169

Multiple Choice

Microeconomics includes the study of the

• A) aggregate effects on the national economy.
• B) recessions and inflation in the global economy.
• C) choices made by individuals and businesses.
• D) reasons why the government changes interest rates.
• E) nationwide unemployment rate.

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Definitions:

MEGGER

A brand name that has become a generic term for insulation resistance testers, which measure the resistance of electrical insulation.

Ohmmeter

A device used for measuring electrical resistance in ohms.

Resistance

The opposition to current flow in an AC or DC circuit.

Derate

To reduce the rated capability of electronic components or electrical devices due to environmental conditions or other factors.