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TiliK225 [7]
3 years ago
8

Which of the following is​ true? A. Both microeconomics and macroeconomics deal with same economic issues of​ inflation, unemplo

yment and growth. B. Microeconomics focuses on the determination of the national​ output, while macroeconomics focuses on the production and output of individual industries. C. Microeconomics is the study of the economic​ aggregates, while macroeconomics deals with the functioning of individual industries. D. Macroeconomics is the study of the economy as a​ whole, while microeconomics deals with the individual​ decision-making units.
Business
1 answer:
Sergio039 [100]3 years ago
3 0

Answer:

the correct answer is D. Macroeconomics is the study of the economy as a​ whole, while microeconomics deals with the individual​ decision-making units.

Explanation:

Macro economics emerged as a seperate disclipline in the late 1930's witht eh influence of the prominent british economist John Meynard Keynes. it looks at the economy as a whole and tries to solve major economic issues affecting the national economy such as the unemployment, inflation, GDP and current rate changes.

Micro economics on the contrary, looks at how the individuals and firms behave in an economy and tries to explain their decisions and how they react.

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1 year ago
How might the government regulations affect a small family restaurant
raketka [301]

Explanation:

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7 0
2 years ago
You want to create a relational database for your company. Which application below would assist you in doing this?
Anuta_ua [19.1K]
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3 years ago
Which of the following is a distinguishing characteristic of oligopoly? Question 1 options:_____
julsineya [31]

Answer:

B. Natural barriers cannot prevent the entry of new firms.

Explanation:

Natural barriers cannot prevent the entry of new firms as firms should be free to enter and exit the industry. Every firm's actions or dealings influence the profits of all the other firms.

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3 years ago
Suppose a third firm enters the market. If they all don't cheat, then they split the profits three ways so that each firm gets 2
dmitriy555 [2]

Answer: Harder to sustain cooperation

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When the number of firms in an oligopolistic market increases as is the case here, cooperation becomes harder because profits become smaller so companies start to become more selfish.

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