1.Economics is the study of how ………. .

2. The two branches of economics are.......... .

2. The prefix ‘micro’ means........,while the prefix ‘macro’ means.......... .

4. Microeconomics focuses on ………. .

5. Macroeconomics is concentrated on ……… .

6. As the interest rate falls, loans.......... .

7. When the interest rates fall, the economy......... .

8. As taxes go down, people have ……… .

9. Due to inflation, the economy ………. .

10. When the prices go up, consumers’ demand ………. .