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Business, 18.01.2021 01:00 mcqueen10travis

Which of the statement is true about microeconomics and macroeconomics? Select one:
a. All
b. Macroeconomics aims for
maximization of social welfare/happiness, achieve full employment, maintain price stability, and achieve economic growth and favourable balance of payments. X
c. Microeconomics is based on partial equilibrium while Macroeconomies is based on general equilibrium analysis
d. Microeconomics aims for
Utility/satisfaction maximization and
expenditure minimization for buyers and profits maximization and cost
minimization for sellers

= All

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Answers: 3

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Which of the statement is true about microeconomics and macroeconomics? Select one:
a. All
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