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Microeconomics is the study of choices that individuals and businesses make, the way those choices interact in markets, and the influence of governments.
An example of a microeconomic question is: Why are people downloading more movies? Would a tax on downloads change the number of movies downloaded?
Macroeconomics is the study of the performance of the national and global economies.
An example of a macroeconomic question is: Why does the unemployment rate fluctuate?

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