Microeconomics is the study of economic relations and economic problems at the level of individual.
Macroeconomics is the study of economic relations and economic problems at the level of economy as a whole.
Unemployment, government taxation, change in interest rate, economic growth are macroeconomics concepts.
So, answer is B) Northwest Airlines analyzes the benefits of adding one more flight to Salt Lake City.
In the above sentence, there is only one firm "Northwest Airlines" which wants to add one more flight. So, microeconomic concept it is.
which of the following is a microeconomic topic his Question: 4 pts 30 of 31 Which...
Question 70 2.5 pts In the unemployment rate, part-time workers are: not included in the labor force. included in the labor force, but counted as unemployed. treated the same way as discouraged workers. included in the labor force and counted as employed. Question 69 2.5 pts Which of the following would be officially classified as unemployed? O a school administrator who has been working as a substitute teacher one day per week while looking for a full-time job in administration...
50. Which of the following best illustrates the medium of exchange function of money? O A. You keep some money hidden in your shoe. OB. You keep track of the value of your assets in terms of currency. O c. You pay for your double latte using currency. OD. You lend $25 to your friend. 51. Which of the following lists ranks assets from most to least liquid? O A. currency, fine art, stocks B. currency, stocks, fine art c....
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....