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What is the difference between Microeconomics and Macroeconomics? a. Microeconomics is concerned with individual markets; Macroeconomics is concerned with all markets and other economic phenomena

What is the difference between Microeconomics and Macroeconomics?

a. Microeconomics is concerned with individual markets; Macroeconomics is concerned with all markets and other economic phenomena such as inflation, employment, unemployment, and production

b. Macroeconomics is concerned with individual markets; Microeconomics is concerned with all markets and other economic phenomena such as inflation, employment, unemployment, and production

c. Microeconomics is concerned with city-wide phenomena while Macroeconomics is concerned with National phenomena

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