Sophia Unit 1 Practice Mileston
Western Governors University
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Sophia (Macroeconomics) - Unit 1 _3
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Sophia (Macroeconomics) - Unit 1 Practice Milestone Questions and Answers Graded A
- Exam (elaborations) • 3 pages • 2022
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Which statement below about economics is NOT true? It only considers the choices that take 
place on an individual 
level. 
Which of the following is NOT a good reason to study macroeconomics? It can help someone 
understand choices made at the individual 
level. 
In the circular flow diagram, which of the following flows from households to firms? Money 
for the purchases of goods and 
services 
Which of the following correctly lists the three principal parties in the economy? Consumers, 
busine...
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