Question

Question 2 (5 points)

Macroeconomics is the branch of economic theory that deals with behavior and
decision making by small units such as individuals and firms.
O True
O False

Answer 1

Answer: False

Explanation: Macroeconomics is the branch of economic theory that deals with behavior and decision making by large units, like the governments.

Microeconomics deals with the decision making of the small units.

Macroeconomics deals with the big factors of that, while microeconomics deals with the small ones.