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Questions and Answers
What are some broad economic questions that concern all citizens?
What are some broad economic questions that concern all citizens?
- Will the prices as a whole rise or come down? (correct)
- What is the best way to invest my money?
- How can I improve my credit score?
- How can I maximize my personal income?
What is the focus of macroeconomics?
What is the focus of macroeconomics?
- The study of individual economic units
- The study of microeconomic principles
- The study of consumer behavior
- The study of the economy as a whole (correct)
What tends to happen to the output levels of different goods and services in an economy?
What tends to happen to the output levels of different goods and services in an economy?
- They tend to move together (correct)
- They tend to move independently of each other
- They tend to have no discernible pattern
- They tend to move in opposite directions
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