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Master the Basics of Economics
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Master the Basics of Economics

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@BoundlessKindness

Questions and Answers

What does microeconomics analyze?

  • Public policies
  • Individual agents and markets (correct)
  • Economic growth
  • Currency inflation

    • What does macroeconomics focus on?

  • Buyers and sellers
  • Employment of resources of labour, capital, and land (correct)
  • Households and firms
  • Individual agents and markets

    • What are the basic elements in the economy according to microeconomics?

  • Employment of resources of labour, capital, and land
  • Saving and investment
  • Individual agents and markets (correct)
  • Currency inflation and economic growth

    • What are some of the factors affecting the economy as analyzed by macroeconomics?

    <p>Employment of resources of labour, capital, and land</p> Signup and view all the answers

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