Homework Answers
Microeconomics is concerned with trees (individual market) and macroeconomic is concerned with forest (aggregate market)
Explanation:
Microeconomics is the study of parts of the economy that is relatively small than macroeconomics. Macroeconomic is the forest because it is concerned with a big picture. Microeconomics is in the trees because it is concerned with the details that make up the forest.
Microeconomics is the study of economics an individual level, company level.
Where as macroeconomic is the study of national economy as whole.
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An important distinction between microeconomics and macroeconomies is that: macroeconomics is concerned with groups of individuals...
The basic difference between macroeconomics and microeconomics is: a. microeconomics concentrates on individual markets while macroeconomics...
The basic difference between macroeconomics and microeconomics is: a. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade b. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms. c. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. d. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment. 5. Scarcity implies that: a consumers...
Philosophers draw a distinction between positive statements, which describe the world as it is, and s,...
Philosophers draw a distinction between positive statements, which describe the world as it is, and s, which describe how the world should be. O A. normative statement O B. budget constraint O c. Trade-off O D. opportunity cost The economic concept of scarcity means that wants are greater than theresources available to satis those wants: 0 A. Hard to find O B. Expensive O C. Bountiful ○ D· Limited 1 poi 1 point The basic difference between macroeconomics and microeconomics...
Please help me with my Economics Homework? 1. For each of the following situations, identify the...
Please help me with my Economics Homework?
1. For each of the following situations, identify the full cost (opportunity cost) involved Monique quits her $75,000 per-year job as an accountant to become a full-time volunteer at a women's shelter O A. O B. O C. The opportunity cost of volunteering at the shelter is the wages she gave up The opportunity cost of Monique's decision is the value of the next-best alternative not chosen. The opportunity cost of Monique's decision...
Please answer the below question for the the article Also need reference plz answer 1 what...
Please answer the below question for the the article
Also need reference plz answer
1 what cultural differences do the US, Germany and India have
?
2 Which county is suitable to locate corporate regional
headquarters and bottling and distribution facilities?
3. The International Cola Alliances the most peaceful area Border skirmishes are frequent. most stemming from minor misunderstandings that To introduce some of the complexities involved in ecame inflated by vast cultural and religious differences These distinct cultural differences...
Article Summary I Read the article below and provide feedback by writing a 2 page summary....
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please help Question 23 (1 point) Which observation is NOT explained by the intermediate disturbance hypothesis...
please help
Question 23 (1 point) Which observation is NOT explained by the intermediate disturbance hypothesis In the interior of an old forest a low number of K-type species dominate the community Species evenness is larger when disturbances are extremely frequent Species richness increases immediately after a disturbance such as a fire, but may decrease later In beach dune environments, a low number of r-type species dominate the community Question 24 (1 point) Some birds follow moving swarms of army...
all are mcq no need of explanation just answer mcq Information about other people's identity based...
all are mcq
no need of explanation just answer mcq
Information about other people's identity based on visible physical characteristics is referred to as: * O b. self-disclosure O c. line of sight O a relational learning. O d. cognitive consistency. In what ways are intercultural relationships similar to intracultural relationships? * b. They take the same basic amount of work and effort. O c. They pass through the same developmental stages. a. There is a similar amount of anxiety...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1)...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The LM curve represents A) the single level of output where the goods market is in equilibrium. B) the combinations of output and the interest rate where the goods market is in equilibrium. C) the single level of output where financial markets are in equilibrium. D) the combinations of output and the interest rate where the money market is in equilibrium. E) none of...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The...
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) The LM curve represents A) the single level of output where the goods market is in equilibrium. B) the combinations of output and the interest rate where the goods market is in equilibrium. C) the single level of output where financial markets are in equilibrium. D) the combinations of output and the interest rate where the money market is in equilibrium. E) none of the...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between...
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The basic difference between macroeconomics and microeconomics is: a. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade b. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms. c. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. d. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment. 5. Scarcity implies that: a consumers...
Philosophers draw a distinction between positive statements, which describe the world as it is, and s, which describe how the world should be. O A. normative statement O B. budget constraint O c. Trade-off O D. opportunity cost The economic concept of scarcity means that wants are greater than theresources available to satis those wants: 0 A. Hard to find O B. Expensive O C. Bountiful ○ D· Limited 1 poi 1 point The basic difference between macroeconomics and microeconomics...
Please help me with my Economics Homework?
1. For each of the following situations, identify the full cost (opportunity cost) involved Monique quits her $75,000 per-year job as an accountant to become a full-time volunteer at a women's shelter O A. O B. O C. The opportunity cost of volunteering at the shelter is the wages she gave up The opportunity cost of Monique's decision is the value of the next-best alternative not chosen. The opportunity cost of Monique's decision...
Please answer the below question for the the article
Also need reference plz answer
1 what cultural differences do the US, Germany and India have
?
2 Which county is suitable to locate corporate regional
headquarters and bottling and distribution facilities?
3. The International Cola Alliances the most peaceful area Border skirmishes are frequent. most stemming from minor misunderstandings that To introduce some of the complexities involved in ecame inflated by vast cultural and religious differences These distinct cultural differences...
please help
Question 23 (1 point) Which observation is NOT explained by the intermediate disturbance hypothesis In the interior of an old forest a low number of K-type species dominate the community Species evenness is larger when disturbances are extremely frequent Species richness increases immediately after a disturbance such as a fire, but may decrease later In beach dune environments, a low number of r-type species dominate the community Question 24 (1 point) Some birds follow moving swarms of army...
all are mcq
no need of explanation just answer mcq
Information about other people's identity based on visible physical characteristics is referred to as: * O b. self-disclosure O c. line of sight O a relational learning. O d. cognitive consistency. In what ways are intercultural relationships similar to intracultural relationships? * b. They take the same basic amount of work and effort. O c. They pass through the same developmental stages. a. There is a similar amount of anxiety...
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