Bsbs 113 final exam - Study guides, Class notes & Summaries
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BSBS 113 FINAL EXAM REVISION 2024/2025 ACTUAL EXAM ALREADY [A+ GRADED]
- Exam (elaborations) • 9 pages • 2024
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BSBS 113 FINAL EXAM 
REVISION 2024/2025 
ACTUAL EXAM ALREADY [A+ 
GRADED] 
 
 
 
"Economy-wide phenomena including inflation, unemployment 
and economic growth" is what type of economics? - ANS 
Macroeconomics 
"The study of how house holds and firms make decisions and 
how they interact in markets" is what type of economics? - 
ANS-Microeconomics 
What is Positive Analysis? - ANS-A statement describing 
how something is 
What is Normative Analysis? - ANS-A statement describing...
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