1. macroeconomics is the study of
a. the economy on a state-by-state basis, covering areas affected by the commerce clause.
b. how households and firms make choices, how they interact in markets, and how the government attempts to influence their choices.
c. why the u. s. has spent so much money on wars and government surveillance of its own citizens.
d. the economy as a whole, including topics such as inflation, unemployment, and economic growth.
2. microeconomics is the study of
a. how individuals and firms act altruistically to better society.
b. how households and firms make choices, how they interact in markets, and how the government attempts to influence their choices.
c. the economy as a whole, including topics such as inflation, unemployment, and economic growth.
d. how individuals make good decisions for themselves but hurt society.

The correct answers are: 1)d and 2)b

Explanation:

The economy is compounded by the macroeconomic field and microeconomic field. These are totally different

"Macroeconomics is the study of the economy as a whole, including topics such as inflation, unemployment, and economic growth".

The macroeconomy regulates or tries to regulate the nation or state characteristics like inflation, unemployment, and economic growth. These regulations usually are made by fiscal policies (through public spending and taxes).

"Microeconomics is the study of how households and firms make choices, how they interact in markets, and how the government attempts to influence their choices".

The microeconomy studies how individuals make decisions to be more efficient or more productive. The parameters to measure this usually are equilibrium point, utilities, marginal cost, price...

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