Define macroeconomics and microeconomics.

Question

a 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.

b 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.

c 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.

d 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.

Answer 1

d 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.