0
Microeconomics deals with a the working of the entire economy or large sectors of it or b economic growth or c individual units in the economy or d all of the above?
Wiki User
∙ 14y ago
Its option c) individual units of economy. (true)
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is economic diversity?
The degree to which an economy's mix ofindustries, sectors, skill levels and employment levels differ from a larger reference economy.
What is secondary economy?
The secondary economy is related to the production and construction of a product. People in those individual sectors focus on creating a finished product for consumers.
Definition of Economic forecasting?
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation-for example for GDP, inflation, unemployment or the fiscal deficit-or at a more disaggregated level, for specific sectors of the economy or even specific firms.
What is the comparison of macroeconomics and macroeconomics?
The comparison of macroeconomics and macroeconomics is that, it looks at the economy as a whole by considering the aggregates such as; GDP, depression, international trade and un employment problem among others. Macroeconomics differs from Microeconomics in that it looks at the economy as a whole while micro considers a single unit of the economy. for example, household income, business firm and other sectors like agriculture.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
What makes India a mixed economy?
economic activities run by both public and private sectors.
What is Main sector of economic in Cambodia?
the main sectors in Cambodia is the sector that develop economy in cambodia
What is economic diversity?
The degree to which an economy's mix ofindustries, sectors, skill levels and employment levels differ from a larger reference economy.
Which model illustrates the continuous flow of spending production and income between the different sectors in an economy?
economic cycle
What is secondary economy?
The secondary economy is related to the production and construction of a product. People in those individual sectors focus on creating a finished product for consumers.
Why is it that people from racial groups are unemployed in certain sectors of the economy and not in others?
Certain racial groups possess skills that make them suitable for a particular economic sector. This is why unemployment is high in the sectors where they don't possess the skills.
Definition of Economic forecasting?
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation-for example for GDP, inflation, unemployment or the fiscal deficit-or at a more disaggregated level, for specific sectors of the economy or even specific firms.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
What is the comparison of macroeconomics and macroeconomics?
The comparison of macroeconomics and macroeconomics is that, it looks at the economy as a whole by considering the aggregates such as; GDP, depression, international trade and un employment problem among others. Macroeconomics differs from Microeconomics in that it looks at the economy as a whole while micro considers a single unit of the economy. for example, household income, business firm and other sectors like agriculture.
What is the difference between the private and public sectors of your economy?
Public sectors are funded by the government
Why is Mexico's economy important to its immigration?
Immigration from Mexico is inversely proportional to how its economy is faring. For example, if Mexico is having a bad economic performance, people from the poorer sectors of society look to immigrate into the United States.
What is economic linkages?
is where an economic sector provides the necessities of other sectors.
