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Gelneren [198K]
2 years ago
10

Microeconomics focuses on A. aggregate economic variables like the rate of unemployment or national income. B. inflation and gro

wth in our overall economy. C. all households and firms grouped together and how they interact with the government. D. decisions made by individual households and firms.
Social Studies
1 answer:
fgiga [73]2 years ago
4 0

Answer:

D). Decisions made by individual households and firms.

Explanation:

'Microeconomics' is described as the branch of economics that is associated with the study of individual units like a household, firm, etc. or solitary factors that contribute to affecting the allocation or distribution of the limited(scarce) resources through their specific actions or decisions.

As per the question, Microeconomics concentrates on the 'decisions made by the individual households and firms' as their decision-making influences the allotment of scarce resources. Thus, this branch of economics is focused on analyzing the individual factors that contribute to influencing resource allocation and produce the situations in which they can attain the desirable allotment. Thus, <u>option D</u> is the correct answer.

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Hello! I would say the correct answer here is B. False.

As these topics are highly debatable and have many different viewpoints varied by factors such as upbringing, location, and life experience, they cannot be entirely solved. Eliminating these issues and falling under one standard would represent a utopian and realistically unachievable world. Without the world’s diversity the whole world would be “in uniform” (one of my favorite phrases from The Great Gatsby) and the creativity and culture would cease to exist. So, since these issues are unable to be resolved, empirical research is not applicable in a solution to them.

I hope this helps! :)
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LekaFEV [45]

Answer:

Hamilton made numerous contributions including serving as the chief staff aide of General George Washington.

Explanation:

Among other things, Hamilton founded the nation's financial system, the first national bank, the United States Coast Guard and the United States Mint

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Answer:

Abraham Lincoln believed that it was unlawful ( A) it was illegal)

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