Consider the statements. Indicate whether each statement falls mainly under the field of microeconomics or macroeconomics.

Business

1 answer:

Nastasia [14]2 years ago

5 0

Answer:

microeconomics

macroeconomics

microeconomics

Explanation:

Macroeconomics is a branch of economics that studies the economy as a whole. Macroeconomics studies economic aggregates such as inflation, unemployment, GDP and growth rate.

Microeconomics is a branch of economics that studies the decisions individuals and firms make in response to changes in economic factors. These factors include price, resources etc. it studies how firms and individuals allocate and make decisions about resources

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