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    Microeconomics is the study of economic systems at an individual, group, or company level, focusing on issues that affect individuals and companies such as supply and demand for specific products or the production capabilities of a business. Macroeconomics, on the other hand, is the study of a national economy as a whole, focusing on issues that affect the economy collectively, like unemployment rates, gross domestic product, and the effects of exports and imports.

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    Microeconomics is the study of economic systems at an individual, group, or company level, focusing on issues that affect individuals and companies such as supply and demand for specific products or the production capabilities of a business. Macroeconomics, on the other hand, is the study of a national economy as a whole, focusing on issues that affect the economy collectively, like unemployment rates, gross domestic product, and the effects of exports and imports.

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    3 views1 page

    Document WPS Office

    Uploaded by

    Shenalene Braganza
    Microeconomics is the study of economic systems at an individual, group, or company level, focusing on issues that affect individuals and companies such as supply and demand for specific products or the production capabilities of a business. Macroeconomics, on the other hand, is the study of a national economy as a whole, focusing on issues that affect the economy collectively, like unemployment rates, gross domestic product, and the effects of exports and imports.

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