Test Bank to Accompany microeconomics seventh edition

Chapter 1 Preliminaries

1) Microeconomics is the branch of economics that deals with which of the following topics?

A) The behavior of individual consumers

B) Unemployment and interest rates

C) The behavior of individual firms and investors

D) B and C

E) A and C

Answer: E

Diff: 1

Section: 1.1

2) A Rolling Stones song goes: ʺYou canʹt always get what you want.ʺ This echoes an important

theme from microeconomics. Which of the fol...
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