Which of the following is a microeconomics topic? The effect of changes in American federal government spending on the American economy-wide unemployment rate. O The effect on the American inflation rate of the Federal Reserve Bank's change monetary policy from focusing on interest rates to focusing on bank reserve balances. O The effect of changing the federal minimum wage on the country's inflation rate. O The effect of the legalization of marijuana use in California on the price of hard liquor in California.

Which of the following is a microeconomics topic? The effect of changes in American federal government spending on the American economy-wide unemployment rate. O The effect on the American inflation rate of the Federal Reserve Bank's change monetary policy from focusing on interest rates to focusing on bank reserve balances. O The effect of changing the federal minimum wage on the country's inflation rate. O The effect of the legalization of marijuana use in California on the price of hard liquor in California.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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