SOCIAL STUDIES: Macroeconomics vs Microeconomics

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microeconomics
The foundation of macroeconomic
macroeconomics
consists of individual entities
macroeconomics
Output and income
macroeconomics
unemployment
macroeconomics
inflation and deflation
microeconomics
Preference relations
microeconomics
supply and demand
microeconomics
opportunity cost
macroeconomics
Used to determine an economy’s overall health, standard of living, and needs for improvement.
microeconomics
Used to determine methods of improvement for individual business entities

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Categories: Macroeconomics

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