Question 1 Classify the following as microeconomics or macroeconomics and provide a justification for your choice. Telsa announced the development of a million-mile electric car battery that is ready to launch. Airlines project a drastic reduction in international travel for this quarter. This might result in the layoff of workers. The government issued stimulus cheques to citizens to offset effects of COVID-19. The stock market plunges by 1000 points due to uncertainty