Question

7. ________ involves individuals trading goods they already have or providing services in exchange for something...

7.

________ involves individuals trading goods they already have or providing services in exchange for something they want.

Cash exchange
Optimization
Barter
Circular flow model with money
Circular flow model

9.

________ is the process of breaking down decisions into smaller parts.

Segmentation
Economics
Divisional analysis
Marginal analysis

Reduction

14.

Decisions by individuals and firms are the domain of

macroeconomics.
microeconomics.
choice economics.
median economics.
consumption economics.
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