Question: 1. China's population is over 1.5 billion, while the population of the United States is about 300million. This fact means that China has much more

1. China's population is over 1.5 billion, while the population of the United States is about 300million. This fact means that China has much more human capital than the U.S. does. True orfalse? Explain your answer.

2. Identify and explain the two ways we can use macroeconomic analysis.

3. Why do economists look to microeconomics to explain macroeconomic events?

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