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STatiana [176]
3 years ago
11

What is the difference between microeconomics and macroeconomics?

Social Studies
1 answer:
rusak2 [61]3 years ago
8 0
Microeconomics can be defined as a branch of economics where the behavior of individuals and small impacting organizations are studied, where each of these decisions are allocated of limited resources. Microeconomics looks at these behaviors and investigates how it affects the supply and demand of the goods and how this affects the pricing. Macroeconomics studies the total economic activity regarding growth, inflation and unemployment and can deal with national economic policies.
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Oishi and shigehiro (2010) report that people who move from home to home frequently as children tend to have lower than average
Paha777 [63]

Oishi and Shigehiro (2010) reported that people who moved from home to home frequently as children tended to have lower than average levels of well-being as adults. To further examine this relationship, a psychologist obtained a sample of 12 young adults who experienced five or more different homes before they were 16 years old. These participants were given a standardized well-being questionnaire for which the general population has an average score of μ = 40. What test should you use to determine whether well-being for the sample of frequent movers is significantly different from well-being in the general population?

Answer:

one-sample t test

Explanation:

The one sample t-test is a term in statistical procedure which is often employed to conclude whether a sample of observations could have been determined by a process with a specific mean.

One sample t-test has two types of hypothesis, they are:

1. The null hypothesis: this assumes that difference exists the true mean (μ) and the comparison value (m0)

2. The alternative hypothesis: this assumes that there are some difference exists between the true mean (μ) and the comparison value (m0)

The main purpose of the one sample t-test is to determine if the null hypothesis should be rejected, given the sample data.

Hence, to determine whether well-being for the sample of frequent movers is significantly different from well-being in the general population, researcher will use ONE SAMPLE T TEST.

8 0
3 years ago
How can culture society and politics be likened to the parts of human body​
sveticcg [70]

The correct answer to this open question is the following.

Culture, society, and politics can be likened to the parts of the human body​ in that they are closely related and are key components of the structure in a society. Culture, society, and politics play a key role in the development of societies, as the body systems are necessary for the human body to live in healthy conditions.

Culture, society, and politics are very particular for every country, the same way that every human body has specific characteristics that make it unique. When one of those aspects fails, society feels it and there are moments of chaos. The same way when somebody system fails, the whole body is affected.

3 0
4 years ago
What is the definition of constitution?
Delicious77 [7]
The constitution is the supreme law of a country, containing the fundamental rules governing the politics and society in a country.
8 0
4 years ago
As we are socialized into our roles, we conform to the rules and norms imposed by our social structure. Consequently, we contrib
kupik [55]

Answer:

reproducing the current social structure.

Explanation:

Social structure refers to the organized structure of social institutions in a society. Social institution though not noticeable in daily life affects human lives and consistently gets affected by it. There are various levels of the social structure and the social institution at macro level includes family, education, economy, religion, etc. And these social structures continue to retain its identity when its elements conform to the rules and norms imposed by it. For example, when a young boy decides to get married, he reproduced the social structure of the family.

6 0
3 years ago
Clyde and Sarah just watched their teammate fail at an important athletic competition. Clyde then succeeded at the competition,
o-na [289]

Answer:

B). Clyde had succeeded earlier in the same competition.

Explanation:

As per the question, option B i.e. 'Clyde had succeeded earlier in the same competition' seems to be the most accurate as it appropriately that Clyde must have had the earlier experience of succeeding in the same competition because after witnessing a failure an individual requires sufficient motivational strength to regain the vigor to perform with full strength and succeed. Thus, <u>Clyde must have gained this motivation and encouragement from her successful past experience to succeed in the competition which Sarah did not have and thus, she failed.</u> Therefore, <u>option B</u> is the correct answer.

6 0
3 years ago
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