Best statement of association between macro-micro economics

Which of the given is the best statement of the association between macroeconomics and microeconomics: (w) Macroeconomics and microeconomics deal along with totally independent types of problems. (x) A clear line splits microeconomic questions from macroeconomic questions. (y) Microeconomics and macroeconomics are, within effect, various names for similar thing. (z) Microeconomics and macroeconomics are associated branches of similar subject, along with overlapping regions of focus.

Can anybody suggest me the proper explanation for given problem regarding macro and micro Economics generally?

View Complete Question

Related Questions in Microeconomics

Q : Earn income and transfer benefits When

When a family can earn income and transfer profits of $11,500 by working full time at the minimum wage, and also $12,500 in transfer benefits without working, the family’s net gain through working is: (1) zero. (2) $12,500. (3)

Q : Problem on Product Differentiation Most

Most of the mass advertising is planned to: (1) Give accurate information on product and price quality. (2) Boost output to conform to the consumer preferences. (3) Alter the consumer preferences. (4) Provide free TV entertainment and remain newspaper

Q : Output From the heterodox approach,

From the heterodox approach, what options does the enterprise need to produce more output? What effect do these options put on its cost structure?

Q : Determine possibly accurate order of

Which of the given in lists of taxes or taxed goods is possibly in accurate order from most backward-shifted to most forward: (w) Tobacco, property, general sales and payroll. (x) Land, payroll, tobacco and property. (y) Tobacco, payroll, corporate in

Q : Negative marginal utility The economic

The economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Sellers experience the moral hazard. (2) Marginal returns are diminishing. (3) Marginal utility is negative. (4) Buyers suffer from adverse choice. (5) Extreme cho

Q : Explain about price-taker The purely

The purely competitive firm: (w) is a price-taker. (x) confronts an inelastic demand curve. (y) should decide what price to charge. (z) maximizes total revenue. How can I solve my Economics problem

Q : Principal-Agent Problems Which of the

Which of the following is not an illustration of the principal-agent problem? (1) The real estate agent vends your house for less than you settled to. (2) The salespeople of the luggage company book first class seats whenever traveling out of town and write off the ex

Q : Problem on national income Can someone

Can someone help me in finding out the accurate answer from the given options. In short run, the demand for a normal good increases when: (i) Income become less uniformly distributed. (ii) The prices of complementary goods increase. (iii) National income mounts. (iv)

Q : Reduces total production cost and raise

Assume that Joe discovers the price elasticity of market demand to be 0.8 for Joe’s additional fancy dehydrated water at the present price of $10 per barrel. Every barrel averages $2 to generate. Joe can: (w) increase his profits by 80% if he in

Q : Problem on reducing Complementary Goods

The failure of spaghetti crop would be most probable to decrease the: (1) Supply of cheap red wine. (2) International rate of inflation. (3) Demand for potato salad. (4) Demand for the spicy tomato sauce. (5) Prices of dinners in an Italian restaurant.

Discover Q & A

Leading Solution Library

Avail More Than 1456311 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950829
Asked

3,689

Active Tutors

1456311

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment