Macroeconomics:
A. is concerned with the expansion of a small business into a large corporation.
B. is narrower in scope than microeconomics.
C. analyzes mergers and acquisitions between firms.
D. is concerned with the expansion and contraction of the overall economy.
Answer:D
Macroeconomics:
A. is concerned with the expansion of a small business into a large corporation. B. is narrower in scope than microeconomics. C. analyzes mergers and acquisitions between firms. D. is concerned with the expansion and contraction of the overall economy.
Explanation: 27. The basic difference between macroeconomics and microeconomics is that: