Microeconomics vs Macroeconomics
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Questions and Answers

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?

  • 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?

  • Top-down approach
  • Equilibrium approach
  • Bottom-up approach (correct)
  • Aggregate approach

    • Who relies on macroeconomics to formulate economic and fiscal policy?

    <p>Governments and their agencies</p> Signup and view all the answers

    What should investors who buy interest-rate-sensitive securities keep a close eye on?

    <p>Monetary and fiscal policy</p> Signup and view all the answers

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