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Central Problems & the PPC · Question 6 of 87

Question 6

MediumOriginal question

Which pair is correctly matched with its branch of economics?

Options for question 6

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. A single good's price is set in its own market, a microeconomic question.

  2. The general price level and national income are aggregates (macro); one firm's cost is micro.

Concept
Matching topics to branches
Typical time
70 s
Your time
—
The rule this testsMicroeconomics and macroeconomics
Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.

Practise this chapter →

Ten questions from Central Problems & the PPC, at your own pace.