Principles of Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (12th Edition)
12th Edition
ISBN: 9780134421315
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 1, Problem 2.2P
To determine
Micro economic and macro-economic statements.
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Analyze whether each of the following is primarily a microeconomic or a macroeconomic issue:
a) Setting the price for a cup of coffee.
b) Measuring the impact of tax policies on total household spending in the economy
Find one positive or one normative statement. Explain how you know they are either a positive or normative statement.
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Principles of Microeconomics, Student Value Edition Plus MyLab Economics with Pearson eText -- Access Card Package (12th Edition)
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