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Microeconomics Basics Quiz

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Questions and Answers

What does microeconomics primarily analyze?

International trade dynamics

Macroeconomic indicators

Government policies and regulations

Individual agents and markets (correct)

Which factors does macroeconomics analyze as part of the economy?

Environmental sustainability

Social and cultural influences

Technological advancements only

Production, consumption, saving, and investment (correct)

What does normative economics advocate?

Behavioural economics

Economic theory

"What is"

"What ought to be" (correct)

What are the main elements analyzed in macroeconomics?

<p>Employment, inflation, economic growth</p> Signup and view all the answers

In economics, what does rational economics primarily focus on?

<p>Logical decision-making by economic agents</p> Signup and view all the answers

Microeconomics Basics Quiz

Choose a study mode

Podcast

Questions and Answers

What does microeconomics primarily analyze?

Which factors does macroeconomics analyze as part of the economy?

What does normative economics advocate?

What are the main elements analyzed in macroeconomics?

In economics, what does rational economics primarily focus on?

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