Economics 2281 · O Level · Microeconomics and macroeconomics

Microeconomics and macroeconomics — practice question

What does microeconomics cover?

  • Athe calculation of national income and expenditure
  • Bthe effects of a change in exchange rates on the trade balance of an economy
  • Cthe effects of an increase in the price of a good or service
  • Dthe factors leading to demand-pull inflation

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