Podcast
Questions and Answers
What does microeconomics analyze?
What does microeconomics analyze?
- Factors affecting employment and economic growth
- Individual agents and markets, their interactions, and the outcomes of interactions (correct)
- Interactions between economic agents at a macro level
- Economic systems and production-consumption interactions
Which of the following is a distinction within economics?
Which of the following is a distinction within economics?
- The study of positive economics only
- The study of rational economics only
- The distinction between positive economics and normative economics (correct)
- The application of economic theory to business and finance
Where can economic analysis be applied?
Where can economic analysis be applied?
- Politics and religion only
- Science and the environment only
- Feminism and law only
- Business, finance, cybersecurity, health care, engineering, and government (correct)
What does macroeconomics analyze?
What does macroeconomics analyze?
What are some examples of subjects to which economic analysis is applied?
What are some examples of subjects to which economic analysis is applied?
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