Question

Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected __________ does not change.

Answer 1

Answer:

Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.

Explanation:

Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.