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30 November, 06:07

Classify the following topics as relating to microeconomics or macroeconomics.

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  1. 30 November, 06:21
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    1) Micro

    2) Micro

    3) Macro

    4) Micro

    5) Macro

    Microeconomics is the study of how households and firms make decisions and how they interact in specific markets. Macroeconomics is the study of economy-wide phenomena. Therefore, the impact of higher national saving on economic growth and the relationship between the inflation rate and changes in the quantity of money are examples of macroeconomic topics, while the others are all microeconomic topics
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