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Economics
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Economics is all of the following except:

A. a subject that studies incentives.

B. a subject that tells governments what they must do.

C. a social science.

D. a subject that is divided into microeconomics and macroeconomics.

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Joshua Stredder
Joshua StredderLv10
4 Apr 2021

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Related textbook solutions

Principles of Economics
2nd Edition, 2017
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ISBN: 9781947172364
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Related questions

5) 5) The branch of economics that studies the economy as a whole is called A) normative economics. B) macroeconomics. C positive economics. D) Keynesian economics. E) microeconomics.

Macroeconomics differs from microeconomics in that:

a. Macroeconomics studies the behavior of individuals. 

b. Macroeconomics looks at the behavior of the economy as a whole. 

c. Macroeconomics focuses on the national economy and global economy. 

d. Macroeconomics studies the behavior of the government while microeconomics looks at private corporations.  

What is the difference between microeconomics and macroeconomics?

a. Macroeconomics deals with abstract economic theories, while microeconomics applies those theories to the real world.

b. Microeconomics looks at economic systems in a vacuum, while macroeconomics looks at how those systems interact with one another.

c. Microeconomics deals with economics on the level of individuals or businesses, while macroeconomics deals with economics on the level of states or countries.

d. Macroeconomics looks at the history of economics, while microeconomics is concerned with the present and the future.

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