Classify the following topics as primarily macroeconomic or microeconomic: 1. The impact of a tax increase on

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Classify the following topics as primarily macroeconomic or microeconomic:

1. The impact of a tax increase on aggregate output.

2. The relationship between two competing firms’ pricing behavior.

3. A farmer’s decision to plant soy or wheat.

4. The effect of trade on economic growth.

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 13, 2024 06:00 AM

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Classify the following topics as primarily macroeconomic or microeconomic: 1. The impact of a tax increase on

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Microeconomics

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