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Microeconomics Quiz
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Microeconomics Quiz

Created by
@WorkableRapture

Questions and Answers

Which of the following is an example of a microeconomic concept?

  • Market demand (correct)
  • Inflation
  • Gross Domestic Product (GDP)
  • Fiscal policy

    • What is the main concern of microeconomics?

  • The overall performance of the economy
  • Government policies
  • The behavior of individual consumers (correct)
  • Macroeconomic indicators

    • Which of the following is a key assumption in microeconomic analysis?

  • Government intervention in all markets
  • Limited consumer choices
  • Perfect competition in all markets (correct)
  • High level of unemployment

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