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Microeconomics Quiz
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Microeconomics Quiz

Created by
@CohesiveBlue

Questions and Answers

What does microeconomics analyze?

  • Individual agents and markets (correct)
  • Global economic trends
  • Government policies and regulations
  • International trade agreements

    • What does macroeconomics analyze as a system?

  • Production, consumption, saving, and investment (correct)
  • Individual consumer behavior
  • Market competition
  • Technological advancements

    • What are the broad distinctions within economics?

  • Microeconomics and macroeconomics
  • Positive economics and normative economics (correct)
  • Monetary policy and fiscal policy
  • Market economies and command economies

    • What is the focus of economics?

    <p>Behaviour and interactions of economic agents</p> Signup and view all the answers

    What is the key distinction within economics related to economic theory?

    <p>Rational and behavioural economics</p> Signup and view all the answers

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