Microeconomics Quiz

Dealing with issues of growth and inflation

Studying individual markets and firms (correct)

Examining the sum total of economic activity

Analyzing national economic policies

Influencing consumer preferences

Establishing relative prices and allocating limited resources (correct)

Regulating market competition

Predicting future market trends

Focuses on the national economy as a whole (correct)

Analyzes market mechanisms at the individual level

Studying the behavior of firms and individuals

Deals with issues of market failure

<p>Free markets lead to desirable allocations (B)</p> Signup and view all the answers

<p>The sum total of economic activity and national policies (B)</p> Signup and view all the answers