Average & Total Cost, Application of Economics & Income Inequality Mcqs


Q.  Which of the following statements about microeconomics and macroeconomics is not true ?

a. The study of very large industries is a topic within macroeconomics
b. Macroeconomics is concerned with economy-wide phenomena
c. Microeconomics is a building block for macroeconomics
d. Microeconomics and macroeconomics cannot be entirely separated


ANSWER: See Answer
 
No explanation is available for this question!
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