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How does microeconomics differ from macroeconomics?

How does microeconomics differ from macroeconomics?

Answers


sharon
Microeconomics theory:
-Investigates how individuals in society choose to allocate scarce income or resources among competing wants or production objectives.

Macroeconomic theory:
-On the other hand is concerned with aggregate variables such as the aggregate demand by all consumers for all goods and services produced in an economy over a year or some other period.

sharon kalunda answered the question on April 11, 2019 at 09:15

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