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The difference of Microeconomics and Macroeconomics in terms of prices​

Sagot :

Answer:

Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach.

Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine its course and nature.

Answer:

Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach. Macroeconomics takes a top-down approach and looks at the economy as a whole, trying to determine its course and nature.

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