EBK KRUGMAN'S ECONOMICS F/AP COURSE
3rd Edition
ISBN: 9781319233822
Author: Anderson
Publisher: MPS PUB
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Question
Chapter 1, Problem 5MCQ
To determine
The question requires us to determine a suitable option which represents the
Expert Solution & Answer
Explanation of Solution
Microeconomics deal with the problems or events at micro or individual level, for example, price of a product,
In the given options: Policy support to promote employment, employment rate this year, level of prices (or change in inflation rate), and overall salary levels given to the workers in a year are the examples of macroeconomics.
A person should go to college or get a job after graduation is an individual level problem. So, this is an example of microeconomics.
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