Ask Question
15 April, 07:18

When Raoul Welsh is evaluating the construction industry in terms of interest rates, employment cycles, and the rate of new home building nationwide, he is looking at microeconomics. True/False

+4
Answers (1)
  1. 15 April, 10:24
    0
    FALSE

    Explanation:

    Microeconomics refers to the branch of economics which examines the actions of persons and businesses in making choices about limited resource distribution and the relationships between these entities and industries.

    Although microeconomics concentrates on companies and people, macroeconomics focuses on overall economic exercise, talking about issues of development, interest rates, and joblessness, and governmental policies on such concerns.

    Thus, from the above we can conclude that the given statement is false.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “When Raoul Welsh is evaluating the construction industry in terms of interest rates, employment cycles, and the rate of new home building ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers