Which of the following is a microeconomic issue? Question 1 options: A) The quantity of wheat grown in the United States increases this year. B) Growth in the U.S. economy slowed. C) The U.S. government cuts taxes to combat a recession. D) Increased federal government expenditures have lowered the unemployment rate. Question 2 (1 point) Economics is best defined as the social science that studies Question 2 options: A) the way to eliminate choices in our decisions. B) the choices that societies, and the people and institutions that make up societies, make in dealing with the issue of scarcity. C) how a person can get everything he or she wants. D) the reason money exists. Question 3 (1 point) Scarcity means that Question 3 options: A) wants are greater than what we can produce with our resources. B) resources are unlimited. C) choices made in self-interest cannot be the same as those made in the social interest. D) governments must make up for shortages in resources