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Questions and Answers
What does microeconomics focus on?
What does microeconomics focus on?
- National income and savings
- General price level and poverty
- Aggregates and econometric correlations
- Supply and demand and human choices (correct)
What is an example of macroeconomics?
What is an example of macroeconomics?
- Individual income and savings
- Output generated by an individual organization
- National income and savings (correct)
- Consumer equilibrium
What approach does microeconomics take to analyze the economy?
What approach does microeconomics take to analyze the economy?
- Top-down approach
- Equilibrium approach
- Bottom-up approach (correct)
- Aggregate approach
Who relies on macroeconomics to formulate economic and fiscal policy?
Who relies on macroeconomics to formulate economic and fiscal policy?
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What should investors who buy interest-rate-sensitive securities keep a close eye on?
What should investors who buy interest-rate-sensitive securities keep a close eye on?
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