We appreciate your visit to Which of the following statements about microeconomics and macroeconomics is not true A Macroeconomics is concerned with economy wide phenomena B Microeconomics and macroeconomics cannot. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Final answer:
Microeconomics and macroeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy. The study of very large industries is a topic within macroeconomics.
Explanation:
Microeconomics and macroeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy. The statement that is not true is d. the study of very large industries is a topic within macroeconomics. Macroeconomics focuses on economy-wide phenomena such as inflation, unemployment, and government deficits, while microeconomics looks at the actions of individual agents within the economy.
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The study of very large industries is a topic within macroeconomics is not true statements about microeconomics and macroeconomics
Macroeconomics is the study of how economies function, including changes in the balance of payments, inflation, mortgage and exchange rates and economic production. Only with solid monetary and fiscal policy are poverty alleviation, social equality, and sustainable growth conceivable. A subfield of economics known as macroeconomics examines how governments, corporations, consumers, and markets function as a whole. Macroeconomics studies trends in the economy as a whole, including inflation, price levels, economic growth rates, national income, GDP, including changes in jobless.
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