Microeconomics Basics

Behavior of government officials

Behavior of international organizations

Behavior of decision takers outside the economy

Behavior of decision takers within the economy (correct)

Microeconomics focuses on individual economic units, while macroeconomics focuses on the economy as a whole (correct)

Microeconomics focuses on international trade, while macroeconomics focuses on domestic trade

Microeconomics focuses on short-term economic factors, while macroeconomics focuses on long-term economic factors

Microeconomics focuses on government policies, while macroeconomics focuses on business strategies

Determination of prices in markets (correct)

Analysis of government spending

Study of international trade policies

Examination of global economic trends

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