Macroeconomics is the study of ________ while microeconomics studies ________.
A) large business enterprises;small business ventures
B) the overall household economic activity;market behavior
C) an individual firm;the overall economic performance of a nation
D) the overall economic performance of the world;the economy of a single country
E) none of the above
Correct Answer:
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Q7: Macroeconomic models particularly focus on the following
Q8: An exogenous variable is typically _.
A)calculated by
Q9: Macroeconomics is the study of _ while
Q10: An exogenous variable is typically _.
A)not considered
Q11: An endogenous variable is typically _.
A)taken as
Q13: Real GDP measures _.
A)the total hours the
Q14: To compare the conclusions of a model
Q15: In a model of the saving rate,which
Q16: A(n)_ variable is calculated from within the
Q17: Macroeconomic models particularly focus on the following
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