Which of the following areas are addressed in the study of e

Which of the following areas are addressed in the study of economics? (Check all that apply.) A. Money. B. The benefits associated with a decision. C. Inflation rates. CD: Optimal tax policies.

Solution

All the four options are correct.

Economics studies the decision making process at the micro-level by marginal benefit and marginal cost principle. Macroeconomics is concerned with topics of money, inflation rate and optimal tax policy.