6. Microeconomics and macroeconomics
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.
Microeconomics | Macroeconomics | |
---|---|---|
The effect of an increase in the money supply on the rate of inflation | ||
The effect of a large government budget deficit on the economy's price level | ||
The effect of government regulation on a monopolist's production decisions |
ANSWER :
First one : Macroeconomics
Second one : Macroeconomics
Third one : Microeconomics
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. MicroeconomicsMacroeconomicsThe effect of an increase in the money supply on the rate of inflationThe effect of government regulation on a monopolist's production decisionsThe effect of federal government spending on the national unemployment rate
Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics. Microeconomics Macroeconomics The effect of government regulation on a monopolist's production decisions The government's decision on how much to spend on public projects A consumer's optimal choice when buying a flat-screen TV
Microeconomics and macroeconomics Determine whether each of the following topics would more Nkely be studied in microeconomics or macroeconomics. MicroeconomicsMacroeconomicsThe optimal interest rate for the Federal Reserve to targetThe effects of government tax policy on long-term economic growth The effect of government regulation on a monopolist's production decisions
Classify the following topics as relating to microeconomics or macroeconomics Topic The effect of a change in price of one good on a related good A firm's decision about whether to continue production or to shut down The effect of minimum-wage law on unemployment The relationship between the inflation rate and the unemployment rate The effect of government subsidies on the agricultural industry Microeconomics Macroeconomics
5. Problems and Applications Q5 Classify the following topics as relating to microeconomics or macroeconomics. Topic The effect of government subsidies on the agricultural industry The effect of a change in price of one good on a related good The effect of minimum-wage law on unemployment A firm's decision about whether to continue production or to shut down The relationship between the inflation rate and the unemployment rate Microeconomics Macroeconomics Grade It Now Save & Continue Continue without saving
Classify the following topics as relating to microeconomics or macroeconomics.a. a family's decision about how much income to saveb. the effect of government regulations on auto emissionsc. the impact of higher national saving on economic growthd. a firm's decision about how many workers to hiree. the relationship between the inflation rate and changes in the quantity of money
1. Analyze the difference between macroeconomics and microeconomics (written response). Determine whether each of the following is primarily a macroeconomic issue or a microeconomic issue (answer only). A) What price to charge for a TV B) Tax reform on total consumer spending in the economy C) Your family's decisions about what to purchase D) A contractor's decision regarding how much to work each week E) Government policy to increase employment 2. What is the difference between a positive economic statement...
Classify each of the following statements as positive or normative. Positive Normative Statement Firms can increase sales by lowering product prices. Lower tax rates encourage more work and more saving. Economic development should not take place at the expense of social Justice. Society should reduce pollution at all costs. A reduction in the rate of money growth will reduce the rate of inflation. Classify the following topics as relating to microeconomics or macroeconomics. Topic The relationship between the inflation rate...
4. Analyze the difference between macroeconomics and microeconomics (written response). Determine whether each of the following is primarily a macroeconomic issue or a microeconomic issue (answer only). A) What price to charge for a TV B) Tax reform on total consumer spending in the economy C) Your family's decisions about what to purchase D) A contractor's decision regarding how much to work each week E) Government policy to increase employment
32. Which topic among the following would be more likely studied in macroeconomics? a. Unemployment rate movements during the 1990s. b. The effect of cost on a firm's production. c. A consumer's optimal choice whey buying a flat screen TV d. The effect of a technology upgrade on the quantity of iphones sold. 33. A(n) in the number of discouraged workers tends to take place during a period of economic expansion. This may temporarily lead to a(n) unemployment.. in the...