[Answer] Which of the following statements correctly highlights the difference between microeconomics and macroeconomics?A) Microeconomics is descriptive whereas macroeconomics is advisory.B) Microeconomics primarily deals with positive analysis whereas macroeconomics primarily deals with normative analysis.C) Microeconomics deals with a small part of the economy whereas macroeconomics deals with aggregate economic performance.D) Microeconomics describes what economic agents actually do whereas macroeconomics describes what economic agents ought to do.

Answer: C) Microeconomics deals with a small part of the economy whereas macroeconomics deals with aggregate economic performance.
Which of the following statements correctly highlights the difference between microeconomics and macroeconomics?A) Microeconomics is descriptive whereas macroeconomics is advisory.B) Microeconomics primarily deals with positive analysis whereas macroeconomics primarily deals w…

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