Microeconomics Fundamentals Quiz

• Overall economy as a system
• Currency inflation and economic growth
• Factors affecting employment
• Individual agents and markets (correct)

• Analysis of individual agents and markets
• Economy as a system with interactions of production, consumption, saving, and investment (correct)
• Factors affecting employment and resources
• Currency inflation and public policies

• "What is"
• Rational economic theory
• "What ought to be" (correct)
• Behavioural economics

<p>Understanding the psychological and social factors influencing economic decisions (A)</p> Signup and view all the answers

<p>Positive economics and normative economics (B)</p> Signup and view all the answers