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Questions and Answers
What does microeconomics primarily analyze?
What does microeconomics primarily analyze?
- Individual agents and markets (correct)
- Positive and normative economics
- Factors affecting employment
- The economy as a system
Where can economic analysis be applied throughout society?
Where can economic analysis be applied throughout society?
- Business and finance only
- Cybersecurity and health care only
- Various sectors including business, finance, cybersecurity, health care, and government (correct)
- Engineering and government only
Which distinction within economics involves advocating 'what ought to be'?
Which distinction within economics involves advocating 'what ought to be'?
- Positive economics
- Rational and behavioural economics
- Normative economics (correct)
- Economic theory and applied economics
What does macroeconomics primarily analyze?
What does macroeconomics primarily analyze?
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What are the broad distinctions within economics?
What are the broad distinctions within economics?
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