Which question is an example of a microeconomic question? A. What should the Federal government do to reduce the trade deficit with Japan? B. Will the merger of two airlines likely lead to higher cost of air travel in the economy? C. What factors are contributing to the steep rise in the federal government's total debt? D. Will the inflation rate remain relatively stable this year?
Which question is an example of a
A. What should the Federal government do to reduce the
B. Will the merger of two airlines likely lead to higher cost of air travel in the economy?
C. What factors are contributing to the steep rise in the federal government's total debt?
D. Will the inflation rate remain relatively stable this year?
A. What should the Federal government do to reduce the trade deficit with Japan?
This one is macroeconomic question since this talks about trade deficit of an entire economy.
B. Will the merger of two airlines likely lead to higher cost of air travel in the economy?
This one talks about two firms in a particular market. So this one is microeconomic.
C. What factors are contributing to the steep rise in the federal government's total debt?
This one talks about Govt. debt of an entire economy, so macroeconomic.
D. Will the inflation rate remain relatively stable this year?
This one talks about inflation rate of an entire economy. So macroeconomic.
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