Microeconomics and Macroeconomics - Cameron Brown Microeconomics and Macroeconomics Review Questions 1 Micro focuses on parts of the economy like

Microeconomics and Macroeconomics - Cameron Brown...

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Cameron Brown Microeconomics and Macroeconomics Review Questions 1) Micro focuses on parts of the economy like individuals, firms and industries whereas Macro focuses on the economy as a whole and on goals like the growth in standard of living, unemployment, and inflation. 2) Examples of individual economic agents are households, workers, and businesses. 3) The 3 goals of Macroeconomics are growth in the standard of living, low unemployment, and low
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