Define macroeconomics and microeconomics.
a Macroeconomics is the study of smaller parts of the economy, such as a single corporation, while microeconomics is the study of the behavior and performance of the economy as a whole.
b Macroeconomics is the study of the effects government has on the economy, while microeconomics is the study of the effects individual people have on the economy.
c Macroeconomics is the study of the effects individual people have on the economy, while microeconomics is the study of the effects government has on the economy.
d Macroeconomics is the study of the behavior and performance of the economy as a whole, while microeconomics is the study of smaller parts of the economy, such as a single corporation.