2.2 Explain whether each of the following is an example of a macroeconomic concern or a microeconomic

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2.2 Explain whether each of the following is an example of a macroeconomic concern or a microeconomic concern.

a. Japan is considering legalizing the casino industry, and a bill to allow the opening of casino-based integrated resorts was submitted to the country’s parliament in April.

b. In 2015, the Spanish government reduced the income tax rates for every tax bracket by 1 to 2 percentage points.

c. Goldman Sachs announced that it will increase its paid parenting leave for non-primary parents from 2 weeks to 4 weeks.

d. The British government increased the national minimum wage by 20p an hour to £6.70 from October, 2015.

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Principles Of Economics

ISBN: 9780802845610

12 Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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