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Dominik [7]
3 years ago
12

Can someone describe Microeconomics and Macroeconomics in their own words?

Business
1 answer:
Vikentia [17]3 years ago
3 0

Answer:

microeconomics: The study of the behavior of individual households and firms in making decisions on the allocation of limited resources. Macroeconomics: The study of the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.

Explanation:

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1,500 is the answer ......

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Describe at least three ways you will implement your project to soften the impact of the issue on the community
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Prices tend to be sticky because Multiple Choice government controls most prices. foreign competition discourages domestic firms
maria [59]

Answer:

firms are worried that frequent price changes would annoy consumers.

Explanation:

A price is said to be sticky when there are resistance in market price to change immediately even when changes in the economy of a particular country entails differing price of products is optimal.

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4 0
2 years ago
Kyle has $2,200 in cash received for high school graduation gifts from various relatives. He wants to invest it in a certificate
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Answer:

Kyle will have in five years from now 2,501.26 dollars for his investment on certificate of deposit.

Explanation:

We need to calcualte the future value of a lump sum:

Principal \: (1+ r)^{time} = Amount

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time 5 years

rate 2.6% = 2.6/100 = 0.02600

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