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usmc2rn usmc2rn
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A year ago
Which of the following statements correctly highlights the difference between microeconomics and macroeconomics?

▸ Microeconomics describes what economic agents actually do, whereas macroeconomics describes what economic agents ought to do.

▸ Microeconomics is descriptive, whereas macroeconomics is advisory.

▸ Microeconomics deals with a small part of the economy, whereas macroeconomics deals with aggregate economic performance.

▸ Microeconomics primarily deals with positive analysis, whereas macroeconomics primarily deals with normative analysis.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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fs125fs125
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A year ago
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