I believe the answer is: Core
A nations is considered as a core of world's economic system if every economic decisions that made by that country would most likely set up the economic trend for the rest of the world. Other example of nations that considered as a 'core' are: England, China, Russia, and Germany
Answer:
From what I can tell, the answer is D
Explanation:
Answer:
Macroeconomics deals with the economy as a whole and so deals with how variables such as government spending and interest rates will affect the entire economy not just single entities.
Microeconomics on the other hand, deals with individual entities in the economy and how various variables and decision making will affect them.
A nation prints more money, causing inflation. MACROECONOMICS.
This affects the entire nation not just single entities so it is macroeconomics.
A local store has a buy one, get one free sale. MICROECONOMICS.
This relates to the actions of a single entity in the economy so falls under microeconomics.
Oil production decreases, and gas prices rise nationwide. MACROECONOMICS.
As this concerns the entire nation, it is therefore under the realm of Macroeconomics.
Answer:
D. The US economy is the largest in the world when measured in GDP per person.
Explanation:
