Q5. Classify the following topics as relating to microeconomics or macroeconomics: I A workers decision about how many hours to work The effect of government spending on the nations of unemployment rate The impact of new technology in the market for DVD recoders The relationship between education and economic growth • The optimal choice of a firm on how many workers to employ Q11. Please choose one the website in Malaysia (BNM, EPU, DOSM) and check the current issues that being discussed at there.

Q5. Classify the following topics as relating to microeconomics or macroeconomics: I A workers decision about how many hours to work The effect of government spending on the nations of unemployment rate The impact of new technology in the market for DVD recoders The relationship between education and economic growth • The optimal choice of a firm on how many workers to employ Q11. Please choose one the website in Malaysia (BNM, EPU, DOSM) and check the current issues that being discussed at there.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please answer the following questions and carefully label , and briefly explain the following diagrams. You are welcome to write any accompanying text by hand. 5. Show how the diagram changes if there is an improvement in the technology of food production.Hint: this means that for a given number of hours’ work, Angela can produce more. 5.2. If Angela is an independent farmer, show how the technology improvement might cause heroptimal labour supply to either fall or rise. Which seems more consistent with the data?