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Questions and Answers
What does microeconomics analyze?
What does microeconomics analyze?
- Government policies and regulations
- Global economic systems
- Individual agents and markets (correct)
- International trade and commerce
In economics, what does normative economics advocate?
In economics, what does normative economics advocate?
- "What has been"
- "What is"
- "What ought to be" (correct)
- "What will be"
Where can economic analysis be applied?
Where can economic analysis be applied?
- Business, finance, and government (correct)
- Sports, entertainment, and recreation
- Agriculture, forestry, and fishing
- Art, literature, and music
What does macroeconomics analyze as a system?
What does macroeconomics analyze as a system?
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What are the broad distinctions within economics?
What are the broad distinctions within economics?
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