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Question
match each term to its correct definition. drag each item on the left to its matching item on the right. macroeconomics microeconomics economics the study of the individual units that make up the economy the study of how individuals and societies allocate their limited resources to satisfy their practically unlimited wants the study of the overall aspects and workings of an economy
Macroeconomics focuses on the overall economy. Microeconomics is about individual economic units. Economics is the study of resource - allocation to meet wants.
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macroeconomics - the study of the overall aspects and workings of an economy
microeconomics - the study of the individual units that make up the economy
economics - the study of how individuals and societies allocate their limited resources to satisfy their practically unlimited wants