The basic difference between macroeconomics and microeconomicsis that A. macroec

Question

The basic difference between macroeconomics and microeconomicsis that A.   macroeconomics is concerned with theforest (aggregate markets), while microeconomics is concerned withthe individual trees (subcomponents). B.   macroeconomics is concerned withpolicy decisions, while microeconomics applies only to theory. C.   microeconomics is concerned with theforest (aggregate markets), while macroeconomics is concerned withthe trees (subcomponents). D.   opportunity cost is applicable tomacroeconomics, and the fallacy of composition relates tomicroeconomics. The basic difference between macroeconomics and microeconomicsis that A.   macroeconomics is concerned with theforest (aggregate markets), while microeconomics is concerned withthe individual trees (subcomponents). B.   macroeconomics is concerned withpolicy decisions, while microeconomics applies only to theory. C.   microeconomics is concerned with theforest (aggregate markets), while macroeconomics is concerned withthe trees (subcomponents). D.   opportunity cost is applicable tomacroeconomics, and the fallacy of composition relates tomicroeconomics. A.   macroeconomics is concerned with theforest (aggregate markets), while microeconomics is concerned withthe individual trees (subcomponents). B.   macroeconomics is concerned withpolicy decisions, while microeconomics applies only to theory. C.   microeconomics is concerned with theforest (aggregate markets), while macroeconomics is concerned withthe trees (subcomponents). D.   opportunity cost is applicable tomacroeconomics, and the fallacy of composition relates tomicroeconomics.

Explanation / Answer

The answer is A

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