Question: 0 general economics questions: 1. What is the difference between microeconomics and macroeconomics? 2. How does inflation affect the economy? 3. What is the role

0 general economics questions: 1. What is the difference between microeconomics and macroeconomics? 2. How does inflation affect the economy? 3. What is the role of the central bank in the economy? 4. What is comparative advantage in international trade? 5. What is the difference between a recession and a depression? 6. What are the advantages and disadvantages of free trade? 7. What is the difference between a progressive and a regressive tax system? 8. How do changes in interest rates affect consumer spending? 9. What is the difference between monetary policy and fiscal policy? 10. What is the difference between a market economy and a command economy?

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