7. In each of the following scenarios, a through d, determine whether the following is a...
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7. In each of the following scenarios, a through d, determine whether the following is a microeconomic or macroeconomic issue and WHY. a. Dell computers announces that it will raise the price of its computers by 20%. b. When President Regan decided to cut the marginal tax rate by 23% back in 1981, the employment rate increase by 20% in the United States. c. Jim lost his job as a wrestler at WWE. d. When Japan restricted the number of cars going into the U.S., the sales of cars in the U.S. Auto Industries fell by 40%. 7. In each of the following scenarios, a through d, determine whether the following is a microeconomic or macroeconomic issue and WHY. a. Dell computers announces that it will raise the price of its computers by 20%. b. When President Regan decided to cut the marginal tax rate by 23% back in 1981, the employment rate increase by 20% in the United States. c. Jim lost his job as a wrestler at WWE. d. When Japan restricted the number of cars going into the U.S., the sales of cars in the U.S. Auto Industries fell by 40%.
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Related Book For
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
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