Would this topic be studied in microeconomics or macroeconomics: If the amount of money in the economy increases more than the a

Question

Bond [772]

3 years ago

14

Would this topic be studied in microeconomics or macroeconomics: If the amount of money in the economy increases more than the a

mount of output, the prices of goods and services will rise.

Business

1 answer:

AleksAgata [21] · Answer 1 · 2022-09-18T09:33:45+03:00

Answer:

Both microeconomics and macroeconomics involve examining economic behavior, but they differ in terms of the scale of the subjects being studied.

Explanation:

Microeconomics is the field of economics that looks at the economic behaviors of individuals, households, and companies. Macroeconomics takes a wider view and looks at the economies on a much larger scale—regional, national, continental, or even global. Microeconomics and macroeconomics are both vast areas of study in their own rights.