The branch of economics which studies how households and firms make choices, interact in markets and how government attempts to influence their choices is called: A) macroeconomics. B) microeconomics. C) positive economics. D) normative economics.
The branch of economics which studies how households and firms make choices, interact in markets and how government attempts to influence their choices is called: A) macroeconomics. B) microeconomics. C) positive economics. D) normative economics.
Chapter1: What Economics Is About
Section: Chapter Questions
Problem 20QP
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The branch of economics which studies how households and firms make choices, interact in markets and how government attempts to influence their choices is called:
A) macroeconomics.
B) microeconomics.
C) positive economics.
D) normative economics. (Please dont useai tool.)
A) macroeconomics.
B) microeconomics.
C) positive economics.
D) normative economics. (Please dont use
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