Answered

Write on the columns provided which branch of Economics the following issues and concerns listed below belong to:

Unemployed
Economic growth
Your time & money
Family grocery budget
Consumer choice
Gross national product
Stock exchange
Inflation rate
Individual income

MACRO-ECONOMICS | MICRO-ECONOMICS
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Answer :

GinnyAnswer

Final answer:

Macroeconomics and microeconomics focus on different scales of economic analysis, examining overall economic issues and individual economic decisions.


Explanation:

Macroeconomics vs. Microeconomics:

Macroeconomics focuses on the overall economy, including issues like economic growth, inflation, and unemployment. It looks at how government policies impact these factors. Microeconomics, on the other hand, deals with individual economic decisions like consumer choices and budgeting.

Examples:

  • Macroeconomics: Unemployment rate, Gross National Product, Inflation rate
  • Microeconomics: Individual income, Family grocery budget, Consumer choice

Learn more about Macroeconomics vs. Microeconomics here:

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