Define macroeconomics and microeconomics.(1 point)

Question

Responses

Macroeconomics is the study of smaller parts of the economy, such as a single corporation, while microeconomics is the study of the behavior and performance of the economy as a whole.
Macroeconomics is the study of smaller parts of the economy, such as a single corporation, while microeconomics is the study of the behavior and performance of the economy as a whole.

Macroeconomics is the study of the behavior and performance of the economy as a whole, while microeconomics is the study of smaller parts of the economy, such as a single corporation.
Macroeconomics is the study of the behavior and performance of the economy as a whole, while microeconomics is the study of smaller parts of the economy, such as a single corporation.

Macroeconomics is the study of the effects government has on the economy, while microeconomics is the study of the effects individual people have on the economy.
Macroeconomics is the study of the effects government has on the economy, while microeconomics is the study of the effects individual people have on the economy.

Macroeconomics is the study of the effects individual people have on the economy, while microeconomics is the study of the effects government has on the economy.

Answer 1

Macroeconomics is the study of the behavior and performance of the economy as a whole, while microeconomics is the study of smaller parts of the economy, such as a single corporation.