Introduction to Economics 1 Deneme Sınavı Sorusu #1081634

Which of the following is true for microeconomics?


It studies how a country’s economy as a whole is structured and works

It studies the aggregate effects of various policies pursued by the government

It studies the effects of monetary policies pursued by the government

It studies the behavior and decisions of individuals or households and firms

It studies the effects of fiscal policies pursued by the government


Yanıt Açıklaması:

Microeconomics is the a main branch of economics that studies the behavior and decisions of the smallest decision units such as individuals or households and firms, whereas Macroeconomists study how a country’s economy as a whole is structured and works, by paying particular attention to the effects of monetary and fiscal policies pursued by the government. The answer is D.

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