1. Microeconomics deals with: A) the working of the entire economy or large sectors of it.
B) economic growth.
C) individual decision makers in the economy.
D) gross domestic product. 2. The study of a single firm and how it determines prices falls under the study of:
A) macroeconomics.B) microeconomics.C) economic growth.D) fiscal policy.
3. Macroeconomics deals with:
A) bits and pieces of the economy.
B) how a business unit should operate profitably.
C) the working of the entire economy or large sectors of it.
D) how individuals make decisions.
4. The primary emphasis in macroeconomics is on:
A) how firms set prices.B) the national economy.C) marginal analysis.D) bits and pieces of the economy.
5. Which of the following is studied in macroeconomics?
A) the change in automobile sales due to a change in the price of automobiles
B) the effect of a tax reduction on the profits of an individual business
C) recessions
D) the unemployment of workers displaced by technological change in the typesetting industry
答案:CBCBC


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