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29 September, 08:43

Macroeconomics is the study of how individuals, households, firms, and governments make choices, while microeconomics is the study of the economy as a whole.

b. microeconomics is the study of how individuals and firms make choices, while macroeconomics is the study of all state and local government policies.

c. macroeconomics is the study of how individuals and firms make choices, while microeconomics is the study of all state and local government policies.

d. microeconomics is the study of how individuals, households, firms, and governments make choices, while macroeconomics is the study of the economy as a whole.

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  1. 29 September, 10:35
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    Answer D: microeconomics is the study of how individuals, households, firms, and governments make choices, while macroeconomics is the study of the economy as a whole.

    Explanation: Macroeconomics focuses on the study of the national economy as a whole whereas micro-economy studies economics at a individual, group or company level
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