ECO100 Knowledge Check 1 Latest 2018
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Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 1 Latest 2018•ECO100 Knowledge Check 1 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 1 Latest 2018•ECO100 Knowledge Check 1 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 1 latest 2018•ECO100 Knowledge Check 1 latest 2018
Preview 1 out of 4 pages
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...
- Exam (elaborations)
- • 4 pages's •
-
ECO100 Knowledge Check 1 Latest 2018•ECO100 Knowledge Check 1 Latest 2018
Preview 1 out of 4 pages
Question 
Question 1
If macroeconomics looks at the economy as a whole, it focuses on which of the following?
A. households
B. business firms
C. unemployed people
D. the division of labor
Question 2
In a discussion of economics, which of the following would exert the most influence on an individual firm's decision to hire workers?
A. wage levels
B. the macroeconomy
C. the firm's income
D. household income
Question 3
What is the basic difference between macroeconomics and microeconomics?
A. mic...