Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Part 2C. Which of the following Topics or Statements or Questions fall under the category of Macroeconomics or Microeconomics? Write MICRO or MACRO in the
Part 2C. Which of the following Topics or Statements or Questions fall under the category of Macroeconomics or Microeconomics? Write "MICRO" or "MACRO" in the space provided below. 1. The price of iphone is determined by Apple company 2. The decision to buy Health-care insurance for a family 3. The looming crisis in Social Security 4. The proper role of government regulatory policy in the economy 5. The proper role of monetary and fiscal policy 6. The purchase of goods and services to satisfy one's wants and needs by a consumer. 7. The decision to start a business by organizing resources 8. The trading of one thing for something else by a business or an individual. 9. Why is the unemployment rate sometimes high and sometimes low? 10. The analysis of what causes inflation 11. The trading of the stocks of Wal-Mart in the stock market 12. Why do some national economies grow faster than other national economies? 13. Business decision making based on weighing the benefits and costs of an action. 14. The decision to hire or not to hire a worker or workers by a company 15. The concern of growing federal budget deficit 16. The rising budget deficit from year - to - year and the accumulated public debt. 17. The falling price of electronics product as a result of technological advancement. 18. The increase in demand for hybrid and electric cars. 19. The loss of jobs in the manufacturing sector. 20. The relation ship between the money supply and real gross domestic product (GDP) 5
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started